Andersen Tax

Andersen Tax LLC

Type	Limited Liability Company
Industry	Professional Services
Founded	2002
Headquarters	San Francisco, California
Number of locations	19 U.S. Offices
Key people	Mark Vorsatz, CEO
Services	Tax Consulting Valuation Financial Advisory Wealth Management
Number of employees	1000
Subsidiaries	Andersen Global
Website	andersentax.com

Andersen Tax LLC is a tax firm headquartered in San Francisco, California, United States. It provides tax, valuation, financial advisory and consulting services to individuals and corporate clients. It has offices in Baltimore, Boston, Chicago, Dallas, Florham Park, Greenwich, Harrisburg, Houston, Long Island, Los Angeles, New York City, Orange County, Philadelphia, San Francisco, Seattle, Silicon Valley, Washington, D.C., West Palm Beach and Woodland Hills.

With the establishment of Andersen Global in 2013 the firm has since added locations in Europe, Latin America and the Middle East.

History

Andersen Tax was established as Wealth and Tax Advisory Services in July 2002. In the wake of Arthur Andersen's demise, Andersen announced that HSBC USA, Inc., through a new subsidiary, Wealth and Tax Advisory Services USA Inc. (WTAS), would purchase a portion of Arthur Andersen's tax practice. The new HSBC Private Client Services Group would serve the wealth and tax advisory needs of high-net-worth individuals.

On December 31, 2007, HSBC USA Inc. sold Wealth & Tax Advisory Services USA Inc. (‘WTAS’) to participating WTAS managing directors in a management buy-out. In consideration for the sale, HSBC would receive US $5 million in cash and deferred notes with a principal amount totaling US $60.85 million.^[1]

In July 2013 WTAS Global was established by member firms WTAS LLC and a tax-only firm based in Switzerland ^[2]

By November, WTAS Global had acquired the Paris-based law firm STC Partners.^[3]

On September 2, 2014 WTAS and WTAS Global changed its name to Andersen Tax and Andersen Global. respectively.^[4]

In June 2015 Andersen Global launched in Latin America with the addition of Mexican firms, NOVINT, Capin, Ibañez & Asociados and Montes, Hernández, López y Del Castillo.^[5] Mexico was followed shortly by an office in Guatemala through the addition of Trust Consulting in Guatemala City.^[6]

By the end of 2015 Andersen Global had added a new presence in Spain and Brazil. Andersen Global now has 45 international locations with over 1,200 professionals worldwide.^[7][8]

In 2016, Andersen Tax announced a new location in Panama through the addition of Rivera, Bolivar y Castañedas (RBC) law firm in Panama City.^[9] Through fall of that same year they added services in Guatemala^[10] and collaborations with mgpartners, a leading tax firm in Ireland^[11]

By the end of 2016, Andersen Global had a presence in 51 locations worldwide.

On March 1, 2017, Andersen Tax & Legal made its debut in Spain as the firm, formerly named Global Abogados, is the first in Europe to adopt the Andersen name.^[12] Since, Andersen Global has added member firms in Italy,^[13] The Netherlands,^[14], Portugal,^[15] and Germany ^[16] all adopting the name Andersen Tax & Legal.

Through 2017, Andersen Tax debuts in Poland, Luxembourg, Switzerland, Israel, Canada, Turkey and Nigeria, initiates expansion in Egypt, Greece, Uruguay, Tanzania, Kenya, Ecuador and Cyprus through collaboration agreements and expands presence in Brazil to Rio de Janeiro.

Andersen Global closed out 2017 with a presence in 84 locations.

2018 has brought the debut of the Andersen name in Ireland, Egypt, France, Ecuador and Kenya along with notable expansion in Spain, Portugal, Mexico, UK, Luxembourg, Canada and Brazil. The international association has also added a presence in Argentina, Kuwait, Mozambique, Angola, Hungary, Jordan, India ^[17], Paraguay and Bolivia.

References