Case Study: Major Transaction Decision

Situation: We were approached by a firm of corporate Layers needing tax advice on a proposed tax and accounting structure for one of their clients.

The structure involved a company restructuring, the formation of a new company and the introduction of overseas companies as joint venture partners and overseas investors. The instigators of the transaction were non Domiciled with overseas assets which added to the complexity of the transaction.

Action: By taking a commercial approach and gaining an understanding of what the client was trying to achieve we were able to guide both the Lawyer and their client to a commercially tax effective outcome. We were able to simplify the transaction, provide UK and International tax guidance and save fees.