Clemens Petersen

Managing Director
Leads A&M German Tax Practice
Over 15 years of experience with M&A tax questions
Expert in leveraged buyouts, carve-outs and distressed transactions
Munich
@alvarezmarsal
LinkedIn
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Clemens Petersen is a Managing Director and Leader of the German Tax Practice with Alvarez & Marsal Tax in Munich. He is a highly experienced mergers and acquisitions (M&A) tax professional with over 15 years in the field.

Mr. Petersen has extensive experience with M&A deals such as leveraged buyouts, carve-outs and distressed transactions.

Mr. Petersen has worked with clients in various industries, including healthcare, infrastructure, financial services, consumer and digital products. He has led tax teams working on mid-market to large-cap transactions for private equity and corporate clients domestically and across regions.

Prior to joining A&M, Mr. Petersen was a Tax Partner with Deloitte in its M&A Tax practice, where he advised private equity firms and multinationals on a wide range of national and international tax matters. He was part of the Global Blockchain and Digital Assets Group and had a strong focus on tech-driven transactions.

Previously, Mr. Petersen worked at PricewaterhouseCoopers in the M&A Tax department, with a strong focus on private equity.

Mr. Petersen studied in Germany, Spain and the U.K. He earned a master’s degree in business administration (Diplom-Kaufmann) from the University of Hamburg and an MBA from London Business School. Mr. Petersen is a Chartered Tax Advisor and Chartered International Tax Advisor in Germany.
 

Insights By This Professional

Effective January 1, 2025, German transfer pricing compliance will enter a new era with the introduction of a shortened submission deadline of 30 days for Transfer Pricing Documentation (Local File, Master File, and extraordinary transfer pricing documentation), alongside a mandatory submission requirement during tax audits. This change presents significant challenges for timely preparation.
In its recent publication, the German Ministry of Finance introduced new regulations mandating electronic invoicing (e-invoicing) for domestic B2B transactions, effective 1 January 1, 2025. This change, part of the Growth Opportunities Act, aims to further digitize business processes. While current invoicing methods, such as paper or PDF invoices, are still allowed, these will gradually be phased out. In this newsletter, we provide an overview of the current invoicing requirements, outline the changes set for 2025, and offer guidance on how businesses can prepare.
Understand the impact of the new Growth Opportunities Act (Wachstumschancengesetz) on Germany’s transfer pricing rules for intercompany financing.
Private equity (PE) funds with at least two German tax resident investors are required to file an annual partnership tax return in Germany, even if they do not have taxable presence in the Germany.
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