CMS focuses on transfer pricing

CMS continues to develop its offer concerning transfer pricing consulting by strengthening the team with an expert with over 14 years of market experience. At the beginning of September this year Bartłomiej Wajda joined CMS, who as a counsel will head the transfer pricing practice within the tax team.

Bartłomiej Wajda, a Polish Certified Tax Advisor, for the last 12 years has worked in the tax teams of PwC, EY and KPMG, where he advised the largest Polish and international capital groups in the field of transfer pricing. He specialises in: the structuring of intra-group transactions and designing transfer pricing policies, verification of business restructurings (incl. exit fee payments), drafting transfer pricing documentation (Local file/Master file), and valuation of different flows (including benchmarking studies for tangible, intangible and financial transactions). Furthermore, Bartłomiej took part in negotiations of unilateral and bilateral advance pricing arrangements, MAP proceedings and in numerous tax audits concerning transfer pricing issues.

Bartłomiej is also experienced in profit allocation to permanent establishments, analyses of intangible transactions and supporting their business substance.

In his professional career, he has supported clients from various sectors, including: automotive, FMCG, finance, electronics and pharmaceuticals.

"As CMS, we have been supporting clients in the field of transfer pricing for a long time, and now with the strengthening of the practice, we would like to offer our clients a dedicated team of fully specialised experts" emphasises Andrzej Pośniak, partner managing CMS’s tax practice in Poland and in Central and Eastern Europe. “Advising on transfer pricing is another element – after strengthening our offer in the area of tax proceedings and M&A transactions – of our strategy to develop tax services in Poland and in the region”.

Another recent addition to the team is Radosław Byczyk, who has provided advisory services on transfer pricing to clients for almost 8 years. He specialises in international tax structures, including transfer pricing models for transactions carried out by taxpayers, as well as preparing transfer pricing policies. Radek also has extensive experience in preparing transfer pricing documentation and benchmarking studies (during his career he has prepared several hundred sets of documentation and analyses for various types of transactions). Before joining CMS, he worked for Polish and international (“Big Four”) consulting firms.

The CMS tax team was also recently strengthened by Paulina Karpińska-Huzior, a tax advisor and advocate, responsible for supporting clients in tax and penal tax proceedings, and Małgorzata Sajkiewicz, an advocate specializing in the tax aspects of M&A transactions.

The CMS tax practice, which for the last two years has been headed by Andrzej Pośniak, partner and tax advisor, is one of the largest teams of tax lawyers operating within an international law firm on the Polish market. CMS’s tax lawyers support clients in the full range of tax consulting, including transfer pricing, VAT, CIT, PIT, tax audits and proceedings, tax aspects of joint venture / consortium structures, tax and corporate planning for international transactions, restructuring of international companies, as well as merger and acquisition transactions. The CMS tax team also provides tax-related support to the firm’s other departments. Most importantly, however, it has its own rich experience and history of projects that are unique on our market, most of which being instructions obtained independently of other teams. The team’s experience also includes consultancy for foreign investors in greenfield investments in Poland and Central and Eastern Europe, as well as legal and tax advice in M&A transactions.