Charles Waite

I lead BDO's Global Value Chain ("GVC") offering within the UK’s Transfer Pricing practice.

As part of the GVC offering, I work with organisations going through operating model change, to address the resulting tax implications. Changes in the operating model often have a material impact on the long-term tax profile of an organisation. Such change could also impact the group's tax compliance processes. In addition, operating model transformations could create material one-off tax charges that erode/dilute the broader business case for change.

GVC reflects BDO's formalised approach to integrating tax considerations into broad operational change, ensuring any risks are pro-actively identified and mitigated where possible, and any opportunities to sustainably improve the long-term tax profile are capitalised upon.

Over the past 20 years, I have been involved in multiple types of transformations including hub structures, organisations re-designs, procurement transformation, merger integrations, buy-side and sell side carve outs, ERP transformations, manufacturing footprint rationalisation etc.

My role in such transformations is to lead the tax workstream and integrate the tax considerations into the TOM design. Often the tax workstream forms part of a wider program, working with a multi-discipline team. My ability to interact with cross-function teams and communicate with non-tax stakeholders is a key enabler to ensuring a holistic solution.