Dyke Yaxley, our member firm in Shropshire, also has another office in Ohio. Benefiting from this close-up view, the managing partner of their Cleveland office shares with us his thoughts about the Trump victory.
A Shropshire accountant who splits his time between the UK and the USA says the election of Donald Trump could be a refreshing change.
Rob Whittall runs Dyke Yaxley Chartered Accountants’ office in Cleveland, Ohio, and also works from the company’s Telford and Shrewsbury offices in the UK.
He is the managing partner of the USA operation and has worked on both sides of the Atlantic for over 20 years.
After the dramatic result of the Presidential Election, Rob said businesses had no need to be concerned about how Mr Trump’s new role would affect them.
"Now that Donald Trump has been elected and is in place as President Elect, I believe he will take a far more moderate approach as he indicated with his acceptance speech, and he'll have a strong team behind him.
"I'm not concerned about Mr Trump as President because having someone in that position who has come from the world of business and not from a political background potentially could be great news for business.
"He understands what businesses need to run successfully and his policies could make real sense for business people.
“Over the 20 years I have been working in both the UK and the USA, potentially his election could be a really positive move for firms operating in the States.
"Running the country like a business rather than taking a political approach could be very good news indeed."
Rob’s work in the UK and the USA involves tax planning/structuring for UK and US businesses and high net-worth individuals.
He specialises in in-bound and outbound international tax issues for UK and US closely-held businesses and individuals focusing on tax planning, foreign tax credit utilisation, transfer pricing issues, withholding tax issues, income tax treaties, and foreign-earned income exclusions.
“Far from being the catastrophe that many people seem to believe it is, Donald Trump’s election could be an opportunity for businesses in America and in the UK, and I’m looking forward to finding out more about his plans for the future.”
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