Economist Michael McDonald has left the US Treasury Department to rejoin Ernst & Young, the firm announced today. He will work EY’s National Tax Department – International Tax Services, Transfer Pricing, based in Washington DC.
McDonald worked since 2001 as a financial economist at Treasury’s Office of Tax Analysis in the Business and International Tax Division.
In that position, he represented the US in the OECD Committee on Fiscal Affairs and chaired the influential Working Party No. 6, responsible for OECD transfer pricing work, including work on the OECD/G20 base erosion profit shifting project.
A frequent speaker at transfer pricing conferences, McDonald also participated in drafting of the United Nations Practical Manual on Transfer Pricing for Developing Countries.
“From serving as one of the lead US delegates on the BEPS project, Mike has extensive knowledge of the complex transfer pricing issues that our clients are facing today,” said Jeff Michalak, Partner, Ernst & Young LLP and the EY Americas Director of International Tax Services. “We’re thrilled to welcome such a talented professional back to our team, bringing a fresh perspective that will help our clients keep up with change in the global transfer pricing landscape,” Michalak said.
McDonald worked as a transfer pricing economist at EY from 1996—2001. Before that, he was with Treasury’s Office of Tax Analysis.