Grant Thornton opens Latin America unit

Grant Thornton LLP opened a Latin America Business Group last month as it continues to expand its tax and advisory services.

Joseph Loretto, who is currently based in Houston, will lead the LABG as part of his current leadership role as director with Grant Thornton’s International Business Center for the Americas and U.S. Central region.

The group will be made up of specialized subject matter resources from Latin America, current and former U.S. secondees to Latin America and others who have extensive experience with clients operating in Latin America. These individuals will have in-depth knowledge of tax policies, regulatory and business matters within the Latin America region. Managers from Grant Thornton’s Mexican member firm, Salles Sainz Grant Thornton, will also join the LABG team in the United States on secondment to focus on issues related to cross-border business with Mexico.

“We are pleased to have the opportunity to collaborate with Grant Thornton’s Latin America member firms,” Jason Ramey, national managing partner of International Client Services, said. “The formation of the LABG reinforces the firm’s commitment to the region as well as our strategy of providing truly integrated global solutions to clients with activities and operations in high-growth economies.”