Ernst & Young Launches Tax Innovation Foundry

EY announced today the launch of its in-house Americas Tax Innovation Foundry, a new services and business accelerator within EY responsible for furthering the next generation of tax services EY firms offer clients.

The group will be led by Chirag Patel, who recently joined Ernst & Young LLP along with a core team from Highnote Foundry, a business accelerator and venture capital firm that provided entrepreneur-led business building services to startups and Fortune 500 companies in several complex and rapidly changing industries.

"EY's goal is to be the leading global professional services organization by 2020 with exceptional client service, and that requires creativity, entrepreneurial speed and flexibility, and disruptive technological advances for EY Tax Services," said Kate Barton, EY Americas Vice Chair of Tax. "We are excited to have Chirag join our Tax Innovation movement, led in the Americas by Jeff Saviano, and the entire EY Tax Innovation network, to identify and help our professionals deploy new services in new ways that will help make the world work better – whether dealing with new US challenges, or helping to equalize the burden of trade growth and compliance among the 50-plus countries and jurisdictions in the Americas."

Read the full article