About
Emmanuel Llinares is a leading economist specializing in transaction pricing, asset and business valuations, and intellectual property analyses in an international tax context. He has over 25 years of experience advising multinational companies and governments on defining and implementing transfer pricing policies and valuing assets including, notably, the pricing of complex transactions (e.g., intellectual property and financing). He has assisted them in the context of various restructuring, pricing design, and negotiations with tax authorities. He has provided economic analyses in the context of tax and intellectual property-related litigations, including the preparation of expert reports, and has testified as an expert witness. Dr. Llinares has also advised governments in relation to specific corporate income tax-related cases.
Dr. Llinares has managed a large number of valuation and intercompany pricing projects in a range of industries including consumer products, telecommunications, energy, transportation, professional services, financial services, and the chemical industry. He has been involved in the negotiation and preparation of several advance pricing agreements. He has also managed the economic analyses aspects of many tax-related audits in Europe and other regions.
Prior to joining NERA, Dr. Llinares was an economist with Arthur Andersen in London and KPMG in Paris. Dr. Llinares is a former lecturer at the Economics Department of the University of Delaware and at the Ecole Supérieure de Gestion, a business school in Paris. Between 2015 and 2019, Dr. Llinares was a member of the European Union Joint Transfer Pricing Forum, a group of leading experts in transfer pricing that advises the European Commission on transfer pricing matters.
Education
- PhD in economics, University of Delaware
- Doctorate in economics, University of Lyon
Languages
- French
- English