We work with our clients to structure their organisations and transactions efficiently, and we help our clients manage their ongoing relationships with HM Revenue and Customs.
Many firms say that technical excellence in tax is a given, but we believe that expertise should not be taken for granted. Other than our vast experience, we believe that a key area of difference between us and our rivals is our commercial pragmatism: we operate in the real commercial world, not in ivory towers - we are business advisers as well as tax lawyers. We work collaboratively within the group and with our colleagues across the firm to achieve the best possible results for our clients.
"Sources say this team is “able to provide excellent advice across a broad spectrum and to assign the appropriate professional to the particular case.” The team’s approach is characterised as “professional, commercial and technical.”" Chambers UK, 2013 (Tax)
We cover the entire universe of tax including advisory work including in the fields of corporate tax, employee equity incentives, funds tax, private client tax, property tax, intangibles taxation, and VAT, as well as tax disputes, investigations and litigation before all courts and tribunals in respect of all of the above.
Members of the Fieldfisher tax and structuring group have been listed in the legal directories since they began. Seven of our partners were recognised by the UK Legal 500 2013, and four by Chambers UK 2013.
In the financial institutions sphere, we act for a range of clients providing a range of tax advice, from day-to-day tax advice on facility agreements, to bespoke derivative arrangements, to the VAT and other tax aspects of acquiring private aircraft.
Notable deals / highlights:
Advised a UK investment bank on the application of SDRT and withholding tax associated with an issue of Hong Kong listed warrants.
Advised the UK Listing Authority on the taxation of warrants on the launch of the new covered warrant market on the London Stock Exchange.
Advised a US investment bank on the taxation of securities derivatives, especially with reference to the income and capital treatment for UK retail investors.
Advised a US investment bank on the purchase of lease rental streams and the associated use of losses.
Advised a leading distributor of financial services on tax structuring issues in the context of a JV with a leading fund manager.
Advised numerous lending institutions on the UK tax aspects of their facility agreements, particularly in terms of property finance and withholding tax issues.