SAN FRANCISCO, July 10, 2013 /PRNewswire/ -- WTAS, one of the largest independent tax firms in the United States, now has a European presence. In June 2013, WTAS Global was established by member firms WTAS LLC and PrimeTax AG, a tax-only firm based in Switzerland. WTAS was originally founded by 23 former Arthur Andersen partners in 2002. Similarly, PrimeTax AG was started by professionals who had previously been with major accounting firms.
"PrimeTax AG has been a strategic partner of WTAS for several years and we are very pleased they have decided to formally join WTAS Global," shared WTAS CEO, Mark Vorsatz. "In evaluating any partner, we look for best-in-class, like-minded individuals committed to providing the leading solutions and service for clients. PrimeTax AG is an excellent fit for both our organization and our clients who increasingly need high-quality solutions around the world."
PrimeTax AG Partner, Stefan Widmer commented, "Much like WTAS, we are independent, nimble, and committed to providing superior tax consulting services to individuals and corporations. Joining WTAS Global is aligned with both our client service and our organizational goals and we look forward to realizing the synergies that will ensue."
The establishment of WTAS Global is a milestone in the firm's global expansion strategy. Since its inception in 2002, WTAS has grown organically. The addition of eight offices and more than 75 Managing Directors in the U.S. is the result of providing exceptional service to clients. That service has extended to focus on not only ultra-high-net-worth individuals and families, but also businesses, alternative investment funds and valuation. WTAS' international expansion represents a new chapter in the firm's growth. The goal remains to provide best-in-class service. WTAS will continue to achieve this through both traditional, organic growth and through affiliating with additional exceptional WTAS Global member firms like PrimeTax AG.