As a multinational financial institution, an insurer, or a reinsurer, you will face a broad array of complex cross-border, domestic, and local tax issues that require innovative solutions.
With years of experience, we regularly provide practical advice to financial services companies to achieve optimal tax outcomes for businesses and their products.
We have broad experience within the insurance industry, and regularly advise many other financial service companies, including banks, broker-dealers, funds, and investment advisors.
Our global presence ensures that we maintain a global outlook that is paired with the right mix of local subject matter expertise. Accordingly, we are keen observers of industry trends and are able to anticipate your needs within the various jurisdictions in which you operate or distribute products.
Our Financial Services Tax team works to further your overall business goals by closely collaborating with our colleagues in related practice groups and jurisdictions, in order to provide a seamless client experience.
We take pride in our ability to offer a complete range of legal services, eliminating the need to manage a project spread across different law firms in different jurisdictions.
Our lawyers cover the full scope of tax issues relevant to domestic and international finance transactions. This includes the structuring of financial products, debt funds, debt capital market transactions and debt restructurings, covering a wide range of underlying asset classes such as acquisition finance, real estate, infrastructure and cryptoassets.
Our recent experience on high-value, complex finance matters includes advising:
- on a range of complex structural, transactional and multi-jurisdictional tax issues relating to the acquisition, intra-group structuring, development and funding for an investment management firm. This relates to a £230m cross-border acquisition and development financing of a residential regeneration real estate site by an investment management fund and a range of other real estate and debt funds and their specialist advisers over a 14-month period
- a German Bank and Singaporean Bank on their cross-border funding of a strategic £280m acquisition by Korean asset management and Korean investment companies of the mixed used development in London. We worked with the sponsor group and their advisers in addressing the key international tax issues and managing risk
- an investment group on the establishment of a high-profile funding partnership and forward funding structure with an asset management firm to provide two-to-five-year senior investment loans to the UK Commercial Real Estate market; working alongside UK HMRC and the respective counterparties to manage key cross-border technical tax issues and risks on the £1bn of future funding
- a funding lender on the establishment of a debt fund and its subsequent joint venture with a private real estate fund to create the UK market’s first debt funding platform focusing solely on the European student housing financing market. The advice covered a range of UK and cross-border tax issues in respect of the fund structure, capital/funding arrangements and the joint venture
Key contacts