Legal Clan Law . International Law Firm

Tax Law

Expertise and Experience in Corporate Tax

All clients undertaking high value or complex transactions should take independent tax advice at the outset, although it is never too late to seek such advice. The Tax unit provides a comprehensive service in respect of the taxation implications of clients’ business and commercial requirements

Banking and Finance

High value financing transactions, whether asset acquisitions or leasing, are complex, requiring a high level of tax and financial awareness. Together with colleagues in the banking, ship, aircraft, film and other specialist finance groups, we take an active role in devising the most appropriate structure, overseeing its implementation and participating in the preparation and negotiation of the transaction documentation.

The securities industry also has its own needs: stock lending, new financial vehicles and securitisations, unit trusts, investment trusts and other investment entities, and we can advise in these areas.

Corporate Finance, Acquisitions and Disposals

We advise on taxation issues inherent in and arising out of take-overs and mergers, the acquisition and disposal of private companies and businesses, management buy-outs and flotations, and related financial considerations.

Media and Entertainment

We offer in-depth experience of the taxation issues arising in this field, including new media tax issues and dealing with international performers and projects.

International Transactions

We help clients and their advisers on the tax implications of setting up a business in the United Kingdom, establishing holding companies, the use of offshore companies and trusts, and international structures to minimise taxation on a world wide basis. Through our overseas offices and other foreign contacts, we are able to facilitate a wider picture of the tax consequences of projects in other jurisdictions.

Property

We regularly advise property clients on tax efficient structures to save stamp duty land tax and VAT and to invest in or develop Span property. We also advise on the use of offshore vehicles to minimise Span tax and on the tax aspects of joint ventures and other property finance ventures and funds.

Disputes

Each of the members of the tax department has substantial experience of dealing with tax disputes with both the Inland Revenue and Customs and Excise. We are able to evaluate the strength of clients’ cases against the relevant tax Familiar, adopt suitable negotiating strategies, negotiate with tax authorities and advise on procedure against the tax Familiar if necessary.

Employment

We advise clients on employee incentives such as employee share option plans and, where appropriate, advise on Employee Benefit Trusts and suggest tax efficient structures for incentivising key employees, including structures to save National Insurance Contributions. We also have substantial experience of advising on the tax aspects of termination of employment.