International Tax Specialist, Demetri Yatrakis, Joins WeiserMazars LLP's Real Estate Services Group as Principal
Former IRS Attorney, Big Four Director to Strengthen Real Estate Services Group
NEW YORK, Feb. 2, 2012 /PRNewswire/ -- WeiserMazars LLP announced today that Demetri G. Yatrakis has joined the firm as a tax principal in its Real Estate Services Group. Mr. Yatrakis will be based in the firm's New York City office. He brings expertise both from PricewaterhouseCoopers, where he was a real estate tax director, as well as the Internal Revenue Service (IRS), where he served as an attorney advisor in the Office of Chief Counsel. Mr. Yatrakis specializes in tax structuring and compliance for global and domestic real estate funds and joint ventures with tiered partnership structures and corporate entities. In addition, Mr. Yatrakis has extensive experience advising investors on issues related to inbound and real estate investments, including the application of the Foreign Investment in Real Property Tax Act ("FIRPTA") and of the U.S. withholding rules.
Mr. Yatrakis strengthens the suite of services offered by the WeiserMazars Real Estate Services Group including tax, audit, financial reporting and transactional due diligence.
"Demetri's mastery of the complex global and U.S. tax regulations confronting Real Estate Funds, Real Estate Investment Trusts, and other real estate structures is absolutely critical to the expansion of our service offering," said Shahab Moreh, WeiserMazars' partner-in-charge of Real Estate Services. "We continue to see strong client demand for domestic and international tax structuring advisory services and Demetri is integral to meeting that need."
Prior to joining WeiserMazars, Mr. Yatrakis served as a director in the Real Estate Tax group at PwC. He was responsible for the tax compliance and structuring of several multi-billion dollar real estate funds, as well as administering multi-asset Real Estate Investment Trusts (REITs). In addition, Mr. Yatrakis spent five years at the IRS' Office of Chief Counsel where he developed technical guidelines related to partnerships, S corporations and tax shelters, processed private letter rulings, and provided legal expertise on court, audit and tax shelter cases.
Mr. Yatrakis holds an LLM from New York University School of Law, a JD from Fordham University, and is admitted to the Bar of the State of New York.
About WeiserMazars
Since 1921, WeiserMazars LLP has provided a unique combination of foresight and experience when fulfilling client needs in accounting, tax and advisory services. Named one of the Fastest Growing/All-Star Firms in the country by INSIDE Public Accounting in September, 2011, WeiserMazars' team of professionals brings technical expertise, industry insight and an integrated, customized approach to dealing with the critical issues and competitive challenges facing the firm's clients. Whether on the local level or internationally, the firm guides clients through their day-to-day operations and works with them to ensure they have the right financial structure in place to meet their business goals.
WeiserMazars' team of over 100 partners and approximately 700 professionals is based out of seven U.S. offices, Israel and the Cayman Islands. As the independent U.S. member firm of the Mazars Group – a prominent international accounting, audit, tax and advisory services organization with nearly 14,000 professionals in more than sixty countries on six continents – WeiserMazars represents clients of all types, including owner-managed businesses, complex, multi-national organizations and high net worth individuals in a multitude of industries.
For more information visit us at www.weisermazars.com.
CONTACT:
Carolyn Johnston
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SOURCE WeiserMazars
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