Hartree Partners, LP , United States
Hartree Partners, LP is a global merchant commodities firm specialising in energy and related commodities, managing over $1 billion in assets with a global reach spanning 10 offices and 85 traders and originators. The business operates in identifying value in the production, refinement, transportation and consumptionof tradable commodities and anticipating opportunities in the supply chain where they may be under or over-valued.
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Faced with the challenge of inaccurate tax filings and tax notices that included penalties and delays in tax refunds, they required a strong international network, to ensure that all cross-border tax issues relating to US and non-US direct tax filings, could be prepared.
Nexia delivered the expertise required across each jurisdiction to reduce the level of filing requirements, lower the amount of taxes payable and maintain compliance. Following the recommendation by Nexia to implement new and advanced technology systems, Hartree Partners, LP has also been able to improve their communications across the business, operate more effectively and safeguard client data.
“Nexia took the time to understand our business model, which meant they were able to provide valuable tax advice. Their excellent wealth of knowledge for our international income tax preparation has helped us meet the tax requirements in each country and resulted in significant tax savings around the world.”
LOUIS BERNARDO, MANAGER TAX AND REGULATORY REPORTING, HARTREE PARTNERS, LP
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