Avalara announced the appointment of Richard Asquith as vice president of global tax compliance, to join the cloud-based tax software provider’s global tax team based in the U.K.
Asquith will help businesses understand and manage their tax compliance obligations as they enter or expand into new markets using Avalara’s suite of solutions.
Asquith was previously with the TMF Group, where he founded and led its global VAT practice for nearly 10 years and also conceived and brought to market the insurance sector’s first global premium tax engine now used as an industry standard.
Prior to that, Asquith worked for Ernst & Young and KPMG, and he is a frequent contributor to media discussions on global tax and serves on Organization for Economic Cooperation and Development tax committees.
The hiring of Asquith follows Avalara’s acquisition of Zytax, a suite of automated compliance solutions for motor fuels, petroleum products and natural gas industry in the U.S. and Europe, as the company’s latest move to broaden its transactional tax compliance offering internationally.
"We are delighted to have Richard join Avalara,” stated Kevin Riegelsberger,chief strategic initiatives officerat Avalara. “His breadth of global VAT and other transactional tax experience is a powerful resource and will play an important role in Avalara's international services to its global client base.”
“Avalara is well established in North America and has made great progress internationally,” stated Asquith. “Its simplified tax computation and reporting services is something the global market is demanding, and I am excited to help Avalara fulfill that need around the world.”
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