DALLAS, Feb. 5, 2014 /PRNewswire/ -- Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today announced the Firm's international expansion into Hungary. Ryan's Budapest office will serve as a base of operations providing a comprehensive suite of tax services to central and eastern European clients. The office will also support the growing European demand currently served by the Firm's London and Amsterdam offices.
Ryan's Hungarian operations is supported by a seasoned team of tax and law professionals with years of expertise in international tax, transfer pricing, tax technology, and value-added tax (VAT) recovery, advisory, and compliance solutions. The Budapest office will be led by Dr. Balazs Bekes, who will serve as Ryan Principal and Practice Leader of Hungarian Operations. Dr. Bekes has more than 20 years of experience providing specialized advisory services in international tax planning, European tax law, and cross-border transactions for domestic and multinational corporations. He has worked in several countries and was also a Member of the Cabinet of the Commissionaire responsible for Taxation for the European Commission in Brussels. Dr. Bekes holds a Ph.D. degree from the Faculty of Law from Pazmany Peter University in Hungary and an LL.M. degree in International Tax Law from Vienna University of Economics and Business Administration. He is an active academic and lecturer, a registered tax expert, and a member of the Hungarian Bar and Society of Trust and Estate Practitioners.
"Our Budapest, Hungary office will extend our European footprint, while delivering specialized service and results to an emerging group of multinational clients operating in central and eastern Europe," said Todd E. Behrend, Ryan Principal and International Tax Practice Leader.
"Ryan continues to successfully execute an accelerated strategic growth plan for capturing worldwide market share through international expansion," said Brendan F. Moore, Ryan President of Europe, Asia, and Latin America Operations. "The opening of our Budapest office continues our commitment to build new operations in those countries where our global clients operate."
"Ryan achieved record-breaking revenue and EBITDA performance in 2013, and global expansion is playing a key role in our growth," said G. Brint Ryan, Chairman and CEO of Ryan. "The opening of our Budapest, Hungary office represents another milestone in our Firm's pursuit of global tax market leadership."
Ryan is an award-winning global tax services firm, with the largest indirect and property tax practices in North America and the seventh largest corporate tax practice in the United States. Headquartered in Dallas, Texas, the Firm provides a comprehensive range of state, local, federal, and international tax advisory and consulting services on a multi-jurisdictional basis, including audit defense, tax recovery, credits and incentives, tax process improvement and automation, tax appeals, tax compliance, and strategic planning. Ryan is a three-time recipient of the International Service Excellence Award from the Customer Service Institute of America (CSIA) for its commitment to world-class client service. Empowered by the dynamic myRyan work environment, which is widely recognized as the most innovative in the tax services industry, Ryan's multi-disciplinary team of more than 1,600 professionals and associates serves over 9,000 clients in 40 countries, including many of the world's most prominent Global 5000 companies. More information about Ryan can be found at www.ryan.com.
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