Deloitte, the business advisory firm, has named David Cobb as the global head of its research and development (R&D) tax group with immediate effect.

Alberto Terol, global head of tax at Deloitte, said: “I’m delighted that David has agreed to take on this pivotal role leading our R&D tax specialists worldwide.  His experience of working not only with UK but also overseas headquartered companies, including some of our largest and most important global clients providing strategic, tax and transaction services has made him the natural choice for the role.”

David Sproul, EMEA head of tax at Deloitte added: “David’s appointment comes at a time when the opportunities for multi-national groups to claim tax based R&D incentives around the world are increasing as more countries introduce new regimes and others enhance what they already offer. 

“Europe in particular is an area of increasing opportunity for R&D incentives, however there are also a great many opportunities in the Americas and Asia Pacific making sense for this role to be based in the UK.”

David Cobb commented: “The global Deloitte R&D network is very strong and I am proud and excited to have this opportunity to lead this part of our business.  Our international team has a coordinated approach to preparing R&D claims on a local country basis and a very effective approach to helping our clients review and optimise their global position.  My aim will be to ensure that we bring this skill and expertise to many more groups.”

David has been a tax partner since 1997, working in international tax and transfer pricing.  In 2003 he established the UK R&D Tax Services team.

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About Deloitte
In this press release references to Deloitte are references to Deloitte & Touche LLP, which is among the country's leading professional services firms. Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu (‘DTT’), a Swiss Verein, whose member firms are legally separate and independent entities.  Please see www.deloitte.co.uk\about for a detailed description of the legal structure of DTT and its member firms. The information contained in this press release is correct at the time of going to press.