VAT is a complex field, further complicated by international borders, with many different rules and procedures to navigate.
Our global team is well-placed to handle VAT strategies, having both a worldwide perspective and knowledge of specific regulations in local jurisdictions.
Our global team is experienced in working across a range of VAT-sensitive sectors. That means we can deliver practical solutions and maximum tax efficiency for your business.
We can offer you standalone structuring advice, and deal with inquiries and disputes with tax authorities. We have worked with one of the world's biggest pension schemes to mitigate VAT costs in Europe, helped on a cross-border deal with an international investment fund and advised a major gaming company on complex VAT matters. We can bring this experience, and that gained from many other clients, to bear on your VAT or indirect tax needs.
We have broad experience in virtually all types of US federal and state excise and transaction taxes, including: alcohol and tobacco excise taxes, environmental taxes, communications and air transportation taxes, fuel taxes, heavy vehicle retail taxes, foreign insurance taxes, manufacturers taxes, taxes on specified health insurance policies and applicable self-insured health plans.
Ultimately, we are here to help you find the business-first solutions you need.
Our lawyers are experienced in all aspects of VAT and indirect taxes. Our experience includes advising:
- a global chemical company on the roll-out of its new 4X4 vehicle across the EEA, using an innovative "agency" distribution model. We provided specific, strategic indirect tax and VAT advice across 20 jurisdictions, allowing the client to implement this unique sales model whilst achieving significant cost savings
- a global brand of full-service hotels and resorts in relation to a multi-million pounds VAT issue concerning the recoverability of UK VAT by their US group. We worked with HMRC to find an innovative way to settle the case and are now making claims for overpaid VAT for other managed and franchised hotels under this global brand
- a payment processing company and technology provider on the proposed restructuring of its business model for providing payment services to digital content providers. We coordinated an innovative strategy to implement the restructuring in the most tax neutral way, as well as allowing overseas digital content providers to benefit from reduced regulatory fees across the globe
- a wealth management business on the cross-border VAT treatment of their supplies. The VAT advice involved considering complex issues relating to the “place of supply” rules including a non-statutory clearance application with regard to the proper VAT treatment of so-called “model portfolios”. The matter has expanded to the treatment of supplies made to “offshore bond providers” with the team recently making a VAT reclaim application to HMRC in order to regularize the position
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