EY strengthens Channel Islands tax team with AEOI Senior Manager

Monday 10 September 2018

Tax transparency and disclosure expert, Giovanni Canton, has joined EY’s Channel Islands tax team as a Senior Manager.

Mr Canton has extensive experience of supporting financial services firms to ensure they comply with ever changing tax transparency and disclosure rules.

With increasing focus from global regulators on tackling tax evasion and avoidance he has focused specifically on supporting clients with the Foreign Account Tax Compliance Act (FATCA), the Common Reporting Standard (CRS) and Country by Country Reporting (CbC).

With more changes coming in, for example the OECD Mandatory Disclosure Regime for Addressing CRS Avoidance Schemes and the EU DAC6, Mr Canton has extended his expertise into these wider disclosure regimes.

Originally from Italy, Mr Canton has more than 10 years’ tax experience working in Verona and Milan. During this time he assisted clients with the implementation of CRS compliance programmes, the preparation of their FATCA and CRS reports and the submission of CbC reporting. As well as providing technical advice he has provided training workshops and spoken at various conferences on tax transparency.

In his new role Mr Canton will be focusing on assisting clients with the ongoing implementation and management of their AEOI and wider disclosure programmes.

Wendy Martin, EY Partner and Channel Islands Head of Tax, said: “Giovanni is a fantastic addition to the Channel Islands tax team and will further strengthen our local tax transparency and disclosure capabilities.

"Now is a crucial time for financial institutions, with the imminent Tax Authorities’ audits likely to begin in the coming months. Having Giovanni’s international expertise on the team will ensure we are ready to assist local businesses with their ongoing reporting and disclosure obligations.”