Richard Newby is a managing director in the European Transfer Pricing practice. Specialized in the fields of transfer pricing and business restructuring, and with a strong operational focus, Richard has more than 20 years' practice experience across the globe, having advised many of the world's most prominent MNEs.
Prior to Duff & Phelps, Richard was the founding partner and leader of the Tax Efficient Supply Chain Management (TESCM) practices in KPMG and Andersen, focusing on the integration of transfer pricing planning with international tax structuring and business change initiatives.
Within this context, discrete areas of his experience include: transfer pricing planning, in particular the design and application of business models to the specific value chain profile of a multinational's operations, together with the development of related economic models and transfer pricing methodologies.
Richard has been cited in Euromoney's (Legal Media Group) "Guide to the World's Leading Transfer Pricing Advisers" and "Guide to the World's Leading Tax Advisers". He has contributed to numerous academic and professional journals and conferences, and is prominent in initiatives for such bodies as the Organisation for Economic Co-operation and Development (OECD), International Fiscal Association (IFA) and Institute of Chartered Accountants in England and Wales (ICAEW), sometimes involving close liaison with UK government departments.
A regular participant at the Organisation for Economic Co-operation and Development (OECD), in recent years Richard has actively participated in public consultations in relation to the Base Erosion and Profit Shifting Project, specifically in relation to Action 7 (Preventing the Artificial Avoidance of Permanent Establishment), Actions 8-10 (Revised Guidance on Profit Splits), and Action 15 (Multilateral Instrument on Tax Treaty Measures to Tackle BEPS).
Richard graduated with honors from University College London. He is a Fellow of the Institute of Chartered Accountants in England and Wales, and holds a MBA (major in Finance & Strategy) from HEC Paris