Vincent Oratore has succeeded Andrew Hubbard
as president of the UK Chartered Institute of Taxation (CIOT) and
has made tax reform his priority during his 12 month term.
Oratore has been a tax partner in Ernst &
Young UK’s financial services group since September last year.
Prior to that, he was an executive director at AIG Financial
Products.
Oratore said he chose his presidential theme
due to his belief that the way tax law is developed and implemented
in the UK is deeply flawed.
“[CIOT’s] aim over the next 12 months will be
to provoke debate and provide a forum in which all those with an
interest in tax law reform can contribute ideas and build consensus
for the changes we need to make the tax system fit for the 21st
century,” he said.
Anthony Thomas has succeeded Oratore as the
CIOT deputy president and Patrick Stevens has succeeded Anthony
Thomas as vice president.
