Leading Associates

Corporate tax in Scotland

Brodies LLP

Brodies LLP is active on the full range of tax matters, from advising on large-scale corporate transactions, business restructurings and real estate deals, to handling complex government agency claims and investigations. The firm also possesses a strong private equity and asset manager offering, regularly advising on the tax aspects of fund formation and management issues as well as the deployment of capital. The experience of team head Isobel d’Inverno ensures the group is sought out by high-profile real-estate clients which rely on her property tax knowledge, often advising on the structuring of inbound investments from a growing roster of international corporates. Karen Davidson‘s far-reaching tax practice, that spans real estate, employment and corporate tax advice, is particularly concentrated on private equity transactions, and Alan Barr is a key contact for the firm’s roster of private wealth clients. Bob Langridge is crucial to the firm’s fund tax work.

Praxisleiter:

Isobel d’Inverno


Weitere Kernanwälte:

Karen Davidson; Alan Barr; Bob Langridge


Referenzen

‘Very knowledgeable team with a long track record working with our market sectors.’

‘What I find exceptional is the fact that the partners in the practice group make themselves available for problem solving, whether it is Karen Davidson, Isobel d’Inverno or Bob Langridge.’

‘We use Karen Davidson at Brodies. She has good commercial insights, is very clear in her advice and super user-friendly.’

Kernmandanten

Accel-KKR


TPG Europe LLP


BAE Pension Trustees


Northcare Group


Gresham House


Custodian REIT


WNS


Suez Group


Virgin Hotels


Wheatley Group


Highlight-Mandate


  • Advising WNS Ltd on its $125m acquisition of The Smart Cube.
  • Advising RockRose Energy on the acquisition of a 15% interest in the Bressay oil field.
  • Advising Borr Drilling on the tax implications of a group reorganisation.

Burness Paull LLP

Burness Paull LLP fields a team of tax experts which effectively aligns with the firm's M&A group to advise on complex, high-value transactions, handling the tax aspects of framework agreements, share incentive schemes, loan balances, employment arrangements, and property issues. Private equity outfits are a growing part of the firm’s diverse roster of clients, as well as private individuals interested in offshore trusts, inheritance tax, and capital gains tax expertise. Team head Ronnie Brown is frequently sought out for his private equity transaction expertise, particularly by real estate-focused clients. The ‘excellent’ Christine Yuill has the ability to ‘explain complex tax issues in a user friendly way’, and Claire Macpherson specialises in inheritance and capital gains tax issues. Nicola Williams‘ broad practice sees her handle private equity transactions and share incentives. Karolina Rosochowska is also a key name to note.

Praxisleiter:

Ronnie Brown


Weitere Kernanwälte:

Christine Yuill; Claire Macpherson; Nicola Williams; Karolina Rosochowska


Referenzen

‘Christine Yuill is excellent to deal with, she is able to explain complex tax issues in a user friendly way and is extremely approachable.’

‘Christine Yuill is excellent. She manages to strike the perfect balance between technical and commercial. She is clearly extremely knowledgeable about tax legislation and share plan rules, and ensures the structure and drafting of document are accurate and provides the necessary protection. Her advice is straight up and easy to understand and apply.’

‘Christine Yuill is able to bring her market knowledge that is so valuable in this field which is the extract overlay needed from external advisers. Christine has a perfect blend of technical expertise and market knowledge, which is brought to the next level by her practical application, down-to-earth support and charming nature.’

Kernmandanten

Chesnara plc


Sony Interactive Entertainment Europe Limited


The Royal London Mutual Insurance Society


West Burton Energy


STV plc


Highland Spring


Archer Limited


Zoetis Netherland 3 B.V.


Access UK Ltd


Lonsdale Capital Partners


Highlight-Mandate


  • Advising Chesnara plc on the tax aspects of its acquisition of several thousand policies from Canada Life UK.
  • Advising Sony Interactive Entertainment on the tax aspects of its acquisition of iSIZE.
  • Advising Lees of Scotland on the tax aspects on the sale of its entire share capital to Finsbury Food Group plc.

Dentons

Acting for an impressive list of multinational clients and working closely with the firm’s London and international bases, Dentons advises on the tax aspects of high-end cross-border transactions, internal company restructurings, and commercial agreement terminations. Lorna McCaa sits as practice head in Glasgow and is a trusted adviser to clients across a wide array of sectors, particularly the tech, food and drink, and retail arenas. Alastair MacLeod splits his time between Edinburgh and London and is highly reputed for his financial services and investment funds work. Consultants John Finnick and Alasdair Graham are chartered accountants, and support on the full range of matters.

Praxisleiter:

Lorna McCaa


Weitere Kernanwälte:

Alastair MacLeod; John Finnick; Alasdair Graham


Referenzen

‘The tax team we principally deal with is headed up by Alastair MacLeod who we have used and will continue to use for all our tax related work. The team is exceptionally well versed in all aspects of tax law and are always careful to keep us abreast of any changes that may impact upon our business.’

‘Alastair MacLeod is fantastic. His depth of knowledge and his ability to deliver advice on complex topics in a clear and understandable way is simply unrivalled. Alastair punches way above his weight, and he is, by far, the best adviser that we have working for us and we would not hesitate to place our tax work with Alastair.’

Kernmandanten

The PRS REIT plc


M&G Real Estate


The Edrington Group Limited


Sigma Capital Limited


Hurricane Energy plc


Scottish Equity Partners LLP


Souter Investments


Stagecoach Bus Holdings Limited


John Lewis Partnership


Scottish National Investment Bank


Highlight-Mandate


  • Providing UK tax advice and co-ordinating tax advice from South Africa and China in respect of KPS’ disposal of Scottish headquartered Howden to Chart Industries in a $4.4bn deal.
  • Providing tax advice to the Board of abrdn Japan Investment Trust plc in respect of its proposed merger with Nippon Active Value Fund plc pursuant to a scheme of reconstruction under s.110 of the Insolvency Act 1986.
  • Providing UK tax advice on a court-sanctioned Scheme of Arrangement for the takeover of Hurricane Energy plc by Prax Exploration & Productions plc for £249m.

Addleshaw Goddard

Addleshaw Goddard‘s team of tax specialists works closely with the firm’s corporate and real estate departments to act on a range of complex, cross-border transactions. The group is particularly well geared to act for seller and management teams involved in private equity takeovers, advising the shareholders on the acquisition and equity documentation as well as handling employee-related tax issues. In the Scottish real estate sector, the firm has a proven track record in student accommodation and build-to-rent deals, and Heather Gibson is well regarded for her work in this space, often overseeing the tax aspects of high-value property transactions.

Praxisleiter:

Heather Gibson


Referenzen

‘The personal service and approachability makes the relationship work for us. Heather Gibson is our main contact in Scotland has a good breadth of tax knowledge and is happy to call on other team members where needed. She takes time to understand the issues and the various taxes impacted by each transaction and excellent with communication.’

Kernmandanten

Europa Capital Partners


Envevo Limited


AAB


Hydraulic Authority Limited


Antibody Analytics


Brickability


Crestline


Highlight-Mandate


  • Advised NEPC Holdco Ltd on the purchase of its entire issued share capital by Horizon Real Estate Investors LLC.
  • Provided advisory services to the selling shareholders of Hydraulic Authority I Limited throughout the process of selling the entire issued share capital to Franchise Brands plc, a company listed on AIM.
  • Advised NeXtWind Capital Limited and its lead investor, Crestline, in relation to the sale of the entire issued share capital of NeXtWind to Sandbrook Capital.

Morton Fraser MacRoberts

With notable expertise in the real estate sector, Morton Fraser MacRoberts has an established strength in providing bespoke tax advice that spans transactional and corporate finance matters, as well as land and property related-issues. Spearheading the team of practitioners who are ‘strong technically and very approachable’, Ainsley Maclaren is dual-qualified as a solicitor and chartered accountant, and is ‘a go-to person on Stamp Duty and LBTT mandates’. MacLaren leads on the full range of matters and is supported by colleagues from the corporate finance department.

Praxisleiter:

Ainsley MacLaren


Referenzen

‘The partners involved are strong technically and very approachable.’

‘Ainsley McLaren is a go-to person on Stamp Duty and LBTT. Her work is clear and of high quality.’

Kernmandanten

Breedon Aggregates plc


Wm Morrison Supermarkets


Sheet Anchor Investments Limited


Blend360 LLC


Bakkafrost Scotland Limited


Scottish Government


Student Loans Company


The shareholders of Hireway Rentals Limited


The shareholders of Roth Limited


The shareholders of Speirs Gumley Limited


Highlight-Mandate


  • Advised in relation to tax warranty and indemnity cover required in respect of the UK aspects of Blend360 LLC’s acquisition of FutureProof AI Holdings Inc.

Shepherd and Wedderburn

Shepherd and Wedderburn handles an array of tax matters that spans corporate transactions support work, land and property deals, employment issues, and various assets, including carbon credits. The firm also has a growing cross-border practice, and is increasingly active on both inbound and outbound transactions involving US and European entities. Group head Stephen Miller is noted for his expertise handling the tax aspects of M&A and PE deals, as well as his proficiency in real estate mandates. Chartered tax adviser and private wealth specialist Douglas Sinclair is highly active in the practice and has a broad offering, handling the full spectrum of tax issues.

Praxisleiter:

Stephen Miller


Weitere Kernanwälte:

Douglas Sinclair


Referenzen

‘Solutions based and commercially focused. Good market knowledge in our sector – real estate.’

‘Consistently go “above and beyond” expectation.’