WTS gains Peter Carstens as Of Counsel

WTS, a full-service provider of tax consulting and complementary financial advisory services, is strengthening its team with Peter Carstens as new Of Counsel. He has more than 25 years of experience in managing tax functions for multinational companies.

From 2008 onwards, Peter Carstens spent around 17 years as Head of Tax at the Otto Group, before which he headed the group tax department at Axel Springer SE for over eight years. He has deep expertise in national and international group tax law and tax processes.

Peter Carstens also contributes his professional expertise to various committees: He is a member of the Tax Committee of the Hamburg Chamber of Trade and Commerce and the Finance and Tax Committee of the German Chamber of Industry and Commerce (DIHK).

Through WTS, Peter Carstens will also make his expertise available to other companies and, in particular, support corporations with organizational and procedural issues in the context of structuring and transforming tax functions.

“I am very much looking forward to my new role at the WTS Group. The consulting firm offers its business partners a unique model for the future, which enables it to support clients with tax challenges in a particularly close, practical, and outcome-focused environment. Thanks to the broad specialist knowledge and technologically driven approach, I have found an environment here in which I can make an outstanding contribution,” says Peter Carstens.

"With his many years of industry experience, Peter Carstens knows exactly what tax challenges globally active corporations and internationally active medium-sized companies face. Especially in times of increasingly complex tax regulations, volatile markets, and constantly changing customs regulations, this expertise is invaluable. We will therefore benefit greatly from Peter Carstens' expertise," declared Fritz Esterer, CEO of the WTS Group.

About WTS 

WTS is a full-service provider of tax consulting and complementary financial advisory services. With more than 1,500 experts in Germany and one of the most advanced digital units worldwide, WTS develops innovative and integrated solutions to help tax and finance functions navigate increasing regulatory challenges and support them in their digital transformation.

WTS's consulting services are represented by its three business areas: Tax, Advisory, and Digital. WTS deliberately refrains from conducting annual audits, making it an independent and long-term partner.

WTS has 12 locations in Germany and is represented in more than 100 countries worldwide.