James Debate joined USTAXFS from the US Business Tax Group at Deloitte in London. He is experienced in delivering tax consulting and compliance services across a range of industries, with a predominant focus on the financial sector, including extensive experience with private equity and venture capital funds.
James’ consulting experience covers a broad range of topics, including fund structure review, debt/equity analyses, FATCA compliance, transfer pricing studies, and US expansion for businesses.
James has an LL.B. in Law from The College of Law and a BSc from Imperial College London. He achieved his Enrolled Agent qualification in 2015 and currently advises European businesses on all aspects of US taxation.
Relevant insights
1099-DA Explained: The IRS Targets Digital Assets
James Debate | November 05, 2025
Until now, the taxation of cryptocurrency and other digital assets has been a field characterised by ambiguity and a lack
What are the US Tax Considerations for Cryptoassets?
James Debate | Hannah Nelson | June 19, 2024
Cryptoassets can come in many different forms, from cryptocurrencies to non-fungible tokens (“NFTs”) and a myriad of functionally distinct blockchain-related
Top 12 Tips About FATCA
James Debate | February 07, 2024
For Americans (US Persons) living abroad or investing offshore, the Foreign Accounts Tax Compliance Act (FATCA) requires Foreign Financial Institutions
Who’s Afraid of the US Tax System?
James Debate | January 17, 2024
The complexities of US taxation, particularly Unrelated Business Taxable Income (UBTI), can deter European private equity firms looking to unlock
Expanding Your Business to the US: What to know before you go
James Debate | March 07, 2023
Even as venture capital markets expand around the world and forge new hubs for business, the unique allure of the
Passive Foreign Investment Company (PFIC)
James Debate | February 22, 2023
American citizens and resident aliens are all too familiar with the IRS practice of worldwide taxation. For most expats, this
Relevant events
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DC Spring Conference – Geneva
April 23, 2026
Tax Considerations in a Tax Haven Patricia Lydon, US Tax Director within USTAXFS’s Private Client Group, has been...