Ruth Steedman is a partner at FTI Consulting and leads FTI Consulting's Transfer Pricing Team.
Ruth is a highly experienced transfer pricing professional with expertise in advising on the development of global transfer pricing policies and implementing pragmatic transfer pricing solutions for multinationals. Her industry sectors of focus include Pharmaceutical and Life Sciences, TMT, Real Estate and Hospitality and Investment Management and Advisory Services.
Ruth particularly enjoys working with her team to provide clients with transfer pricing solutions and robust economic analysis in the light of the OECD's Base Erosion and Profit Shifting project (BEPS).
Ruth is engaged in ongoing advisory work with MNEs regarding the potential impact of Pillar 1. Ruth has undertaken PE advisory work for multiple businesses and worked on policy development and economic analysis for the restructuring of both European and global businesses, in which she also provided input to transfer pricing strategy presentations for the board.
Ruth has worked on the design, implementation and documentation of the intercompany transactions of procurement centres, centralised Intellectual Property holding structures and cash pooling arrangements. Ruth also has extensive experience in global documentation projects in the new Master / Local file format and has undertaken CBCR advisory work and visualisation of CBCR data.
Ruth also has a wealth of experience in defending transfer pricing policies with a strong focus on risk management and fit for purpose documentation. Ruth has been successful in defending transfer pricing policies in a large number of jurisdictions including the UK, US, Australia, France, Germany, Poland, Russia and Brazil.
Ruth has successfully supported clients in the preparation, negotiation and agreement of Advance Pricing Agreements, Advance Thin Capitalisation Agreements and MAPs and is now regularly consulted by both HMRC and corporates in relation to potential litigation.
In addition, Ruth is a regular contributor of transfer pricing articles in Tax Journal. She is the chairperson and panel moderator at TP Minds International. Ruth has also responded to OECD public consultations on Cost Contribution Arrangements, Profit Splits and PE profit attribution and spoken at the OECD Working Party 6 meeting in Paris.
Recent areas of client demand have been the pricing of financial transactions and an understanding of the impact and direction of travel with respect to the taxation of the digital economy.
Prior to joining FTI Consulting, Ruth spent over fifteen years providing transfer pricing advice at Deloitte, BDO Stoy Hayward and Andersen (formerly Arthur Andersen). Ruth is a Chartered Accountant and Chartered Tax Adviser.