Andersen Tax LLC is an service firm headquartered in San Francisco, California, United States. It provides tax, valuation, financial advisory and consulting services to individuals and corporate clients. As of 2015, Andersen Global had a presence in 179 countries.
Andersen Tax was established as Wealth and Tax Advisory Services in July 2002. In the wake of Arthur Andersen's demise, several former partners of Arthur Andersen formed Wealth and Tax Advisory Services USA Inc. (WTAS), a subsidiary of HSBC USA, Inc, to handle a portion of Arthur Andersen's tax practice.
On December 31, 2007, HSBC USA Inc. sold Wealth & Tax Advisory Services USA Inc. (âÂÂWTASâÂÂ) to participating WTAS managing directors in a management buyout (MBO) resulting in WTAS LLC. In consideration for the sale, HSBC received US$5 million in cash and deferred notes with a principal amount totaling US$60.85 million.
By November, WTAS Global had acquired the Paris-based law firm STC Partners.
On September 2, 2014, WTAS LLC changed its name to Andersen Tax LLC and WTAS Global changed its name to Andersen Global.
In June 2015 Andersen Global launched in Latin America with the addition of Mexican firms, NOVINT, Capin, Ibañez & Asociados and Montes, Hernández, López y Del Castillo. Shortly thereafter a Guatemala opened via the addition of Trust Consulting in Guatemala City.
By the end of 2015 Andersen Global had presence in Spain and Brazil. Andersen Global now has 45 international locations with over 1,200 professionals worldwide.
On March 1, 2017, Andersen Tax & Legal made its debut in Spain, absorbing Global Abogados, the first in Europe to adopt the Andersen name.
In 2018 Andersen debuted in Ireland, Egypt, France, Ecuador and Kenya along with notable expansion in Spain, Portugal, Mexico, UK, Luxembourg, Canada and Brazil. The association added a presence in Argentina, Kuwait, Mozambique, Angola, Hungary, Jordan, and India.
On September 3, 2019, Andersen Tax rebranded to Andersen.
In October 2019, Andersen Global announced Nangia Andersen India as its Indian member firm. Nangia Andersen India is global network's 1st Indian Firm.