In the increasingly complex area of tax legislation and practice, the depth and breadth of our practice ensures that we are able successfully to support our clients' business needs, whether they are financial institutions, corporates or funds (see also the Employment and Benefits page for tax in that area).
Tax is, to a greater or lesser extent, relevant to most business transactions and, accordingly, our tax practice extends across the entire scope of the firm's work. This means that we work closely with our colleagues in other specialistic areas, enabling us to offer expertise in capital markets, general and specialist banking, corporate and M&A, funds and real estate. In addition, we provide general tax advice to a number of clients (in situations where other legal advice may not be needed) and advise a wide range of clients on the resolution of tax disputes.
Our experience in all aspects of corporate, commercial and finance taxation enables us to provide high quality, innovative tax solutions. We are frequently involved in the first transaction of its kind to be undertaken. We have 40 UK qualified specialists dedicated to tax, including nine partners who are consistently recommended in the major legal directories.
A large proportion of the transactions in which we become involved are cross-border in nature and we will typically be working with our tax colleagues in other jurisdictions, and with local tax advisers in jurisdictions where Allen & Overy does not itself offer tax expertise. We are frequently instructed to provide a "one stop shop" international tax service, coordinating advice in a number of jurisdictions, where there may be either no UK tax element or any UK tax element is minimal. Where US tax is concerned, we also have the benefit of two US tax partners and their five associates in London, in addition to our US tax capability in New York.
"In difficult working environments, good relationships are key to a successful business and the attention to client service at Allen & Overy is outstanding."
Chambers UK 2010, UK Tax