Detre Ádám Horváth

Experience

• 

  Nova-Audit Könyvvizsgáló Kft.

  Jan 2008 - Jan 2009

  Audit Assistant

  Audit assistance on SME joint venture companies from a wide range of industry sectors.

• 

  EY

  Jan 2010 - Jan 2014

  Tax advisor and Senior tax advisor
• 

  EY

  Jan 2016 - Jun 2018

  Responsible for managing approx. 4-10 teams of tax advisors at the same time within EY business tax department through multiple tax engagements to deliver quality tax services for clients. Ensuring that tax advisory letters and opinions are thorough and accurate and building new and existing client relationships.I have experience especially in the below areas:- Buy-side/sell-side transaction support and tax restructuring to help minimizing tax risks associated with transactions. Experience over 30 tax due diligence and 15 restructurings of companies/groups up to individual asset value of EUR 6 billion - Build, manage and maintain a portfolio of 15-20 private company clients in order to reach their financial goals and to minimize tax risks through direct tax advisory (corporate income tax, local business tax, real estate transfer tax and sectorial surtaxes) - Interpret the Hungarian tax laws and Hungarian GAAP/IFRS- In a market leader state subsidy team, advise clients obtaining and utilizing tax credits and various forms of non-refundable investment cash grants in Hungary. Experience in negotiating, contracting and securing state subsidies up to EUR 40 million (automotive and chemical industries, SSCs) - Develop, negotiate and secure direct tax savings opportunities. Experience in 15-20 successful R&D qualification projects- Prepare and review state and local tax returns for companies - Tax support in statutory audits in key financial, pharma and automotive clients over 20 engagements per year - Successful representation of clients in the tax controversy phase of tax authority investigation procedures in connection with the direct tax related assessments (especially R&D benefits, accounting issues, utilization of tax losses, etc.). Successes in cases above EUR 4 million- Prepare binding and non-binding tax rulings covering direct and indirect tax issuesSector specifications: Manufacturing, Automotive, R&D providers Show less Work for EY London tax centre and responsible for multi-jurisdiction cash tax programmes. The tailored programme focusing on identifying local cash tax savings for big multinationals across multiple jurisdictions:- Making sure companies claim local tax incentives they are entitled to- Support in local tax deductions, tax reliefs and already claimed incentives- Main areas are capital assets and incentives (capitalisation vs. expensing, accelerated depreciation, etc.), R&D regimes, expense analysis, book-to-tax differences.Responsible for managing teams of tax advisors, coordinate between teams in several jurisdictions, building new and existing client relationships. Show less

  • Tax Manager

    Jan 2014 - Jun 2018

  • Tax Manager

    Jan 2016 - Jan 2017
• 

  OrienTax

  Jul 2018 - Oct 2019

  Director

  Being a tax director in the largest independent tax advisory firm in Hungary. My main responsibilities are: - Management of the successful delivery of technically complex and demanding tax consulting projects, ensuring technical excellence and a business driven approach. - Build and maintain relationship with new and existing clients through identifying and securing tax opportunities in various areas from corporate income tax to payroll taxation areas. Clients include multinationals, mid-sized and large Hungarian companies and high net wealth private individuals. Show less

• 

  PwC Hungary

  Oct 2019 - Nov 2023

  Helping PwC clients solve their tax issues related to business restructuring, adoption of new tax laws, and communicating local tax developments. Speciality areas are domestic tax planning and identification of state subsidy opportunities especially in the areas of CAPEX investments and R&D. Leading teams of tax advisors, state subsidy and R&D experts through various engagements through ensuring that tax advisory letters and opinions are thorough and accurate. Responsible for building new and existing client relationships. Show less

  • Director / Executive director

    Jan 2022 - Nov 2023

  • Senior Manager

    Oct 2019 - Jul 2022
• 

  EY

  Nov 2023 - now

  Executive Director, Nordic Quantitative Services

  Supporting Nordic businesses to access cash funding, grants, and tax incentives for their innovation, sustainability initiatives and capital investments.