Our people: Melanie Meyer
This month we're chatting with Melanie Meyer around her recent promotion to partner and the unique skill set she brings to Deloitte Private in the form of transfer pricing expertise.
Congratulations on recently being made a partner – what opportunities and challenges does this new role present?
The biggest opportunity is being able to really shape the nature of the transfer pricing offerings that we develop and deliver in this space. It's fast paced and dynamic with a lot of the businesses we see going through huge fluctuations in growth. They have an entrepreneurial spirit and they utilise truly global business models, all of which create unique possibilities from a transfer pricing perspective.
In terms of challenges, one of the biggest is similar to that faced by anyone trying to lead a national team – distance.
What is your role at Deloitte and how did you come to be here?
I am a tax partner, specialising in the area of transfer pricing which is the pricing of transactions cross border between related parties. I lead the Deloitte Private transfer pricing offering nationally.
With an economics background, I basically “fell into” transfer pricing when I left university, initially in the public sector, before moving to Deloitte.
How has it been to build up our transfer pricing offering in the Deloitte Private space and why is it so important for clients?
Transfer pricing is a very niche area, and one that historically has been seen as too expensive and technical for the private space. However, it touches all New Zealand owned businesses expanding offshore and foreign-owned multinationals operating in New Zealand.
In the private space it is very much about being able to deliver something of value, at a price point that is competitive. Businesses operating in the private space often face some of the more complex transfer pricing issues, and we aim to find streamlined solutions and provide advice that is both practical and compliant.
Where do you see the area of transfer pricing area going at Deloitte?
With the current heightened awareness around international profit shifting, transfer pricing touches every global business no matter what the country. Navigating these (often) complex international rules can be very daunting for smaller businesses operating across borders. Our aim, particularly in the private space, is to provide pragmatic solutions to address opportunities and risks in a cost effective way.
What do you most enjoy about being with Deloitte?
As cliché as it sounds, the team approach and mindset at Deloitte is fantastic, both internally within New Zealand and also with our wider Deloitte global network. Transfer pricing in the private space, particularly in the current Base Erosion and Profit Shifting (BEPS) environment, relies heavily on having strong global teams that are only a phone call away to chat through any potential issues that arise. We have so much global knowledge and expertise at our fingertips!
07 September, 2017 by Emily McLean,
Emily McLean works in the Deloitte marketing team and closely with Deloitte Private. She loves telling the stories of those individuals and businesses leaving their mark in New Zealand's SME space while delivering news and insights to help business owners grow their companies.