

Tax
Our clients require a seamless, multi-jurisdictional tax advisory service, whether on a stand-alone basis or as an integral part of the full legal service offered by Allen & Overy.
That's why, with over 100 tax specialists across our international network, we are able to offer both domestic and cross-border advice wherever our clients need it, whether they are financial institutions, corporate entities, or funds.
The depth and breadth of our knowledge ensures that we are able to support our clients' business needs successfully and provide high quality, innovative tax solutions in the increasingly complex area of tax legislation and practice.
Our tax offering
Asset finance
We have experience in all areas of tax based asset finance, including aviation, shipping, rail and commercial property. We advise many of the world’s leading financial institutions and corporations on domestic and crossborder transactions.
Banking and finance
Many of the world’s leading banks and financial institutions turn to Allen & Overy for help with their most important and innovative deals. Our international Tax group has a great deal of expertise and advises on a range of products from bilateral and syndicated loans, to leveraged acquisition and project finance.
Corporate
We advise on corporate reorganisations and restructurings as well as commercial transactions, including domestic and cross-border mergers and acquisitions, demergers, capital raising, joint ventures, tax efficient holding company and financing structures and permanent establishment issues. Our client base includes corporations involved in banking and finance, energy, insurance, manufacturing, retail, technology, media, public utility, construction, shipping, aircraft, transport, property and engineering.
Indirect tax
We have indirect tax expertise, in particular value added taxes, across sectors – from the ever-changing financial sector, through asset finance and corporate, to not for profit and private client areas.
International capital markets
Allen & Overy is one of the world’s leading International Capital Markets practices and tax plays a key role in this work. Our international Tax team is involved in the full range of transactions including debt capital markets, derivatives, equity capital markets, Islamic finance, securitisations, structured finance and structured retail products.
Investment funds
We offer cross-border expertise on regulated funds, hedge funds, infrastructure funds, private equity funds, real estate funds and structured funds. Our work covers the structuring of new funds and reviewing fund structures for prospective investors. We also advise managers about ongoing tax issues.
Real Estate
Tax considerations are important in real estate transactions, particularly those that are complex and innovative. We work with our real estate colleagues, providing expert tax advice on every type of real estate transaction.
Restructurings and insolvencies
Our restructuring practice operates at the forefront of a changing market. We provide tax advice to distressed companies, insolvency practitioners, banks and funds.
Structured finance
Frequent changes of law make this a very innovative and challenging area and we are one of the few tax departments that are trusted by clients to advise on and implement their ideas.
Tax investigations
All of our major offices have experience advising clients on tax audits and their relationship with local tax authorities, national courts or European legislative bodies. We regularly deal with domestic and cross-border investigations.
Explore our services
Our global tax team

News & insights

Publications: 28 NOVEMBER 2019
Optional VAT regime on immovable lease – New Royal Decree establishing the modalities of the option
As from 1 January 2019, taxpayers may opt to charge VAT on the letting of immovable property for professional use. On 25 November, the new rules fixing the timing and modalities of the “option” have been published.
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News: 06 NOVEMBER 2019
Allen & Overy advises Kendrion on acquiring INTORQ
Allen & Overy has advised Kendrion N.V. (Kendrion), headquartered in Zeist (Netherlands) on acquiring INTORQ GmbH & Co. KG (INTORQ), a German manufacturer of brakes and clutches.
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Publications: 31 OCTOBER 2019
Market update – legal developments in the German real estate market
Focus: "Berlin Rent Freeze" and Real Estate Transfer Tax Reform
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Publications: 25 OCTOBER 2019
Update on the German real estate transfer tax reform
Quite surprisingly, the members of the German government coalition (CDU/CSU and SPD) have agreed yesterday to not vote on the German real estate transfer tax (RETT) reform in the German Bundestag this week as originally intended but to postpone the reform in order to further analyse and discuss the provisions of the draft bill.
Read moreRecognition
extremely competent and well structured with cross-border capabilities
Chambers Global 2019
One source described the team as "top notch" due to their responsiveness, subject knowledge and excellent service.
Chambers Global 2019
Clients appreciate the team's "very high-quality advice" admiring both the technical input and the client service
Chambers Europe 2019
They are very business-oriented, with sound technical knowledge and a well-balanced team that has a co-operative mindset.
Chambers Europe 2019