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Amendments to regulations on companies, real estate and tax concerning real estate investments
Fiscalité des énergies renouvelables
The initiatives introduced by HM Revenue & Customs (HMRC) in 2007, combined with the reforms contained in the Tribunals, Courts and Enforcement Act 2007, will transform the way in which tax disputes and litigation are handled in the future. The two areas that will shape the future relationship between taxpayer and tax authority are the Litigation and Settlements Strategy ("LSS") announced in June 2007 and the new penalties regime, outlined in the Finance Act 2007, which will come into force in 2009. Both initiatives will see HMRC take a less flexible line in terms of any settlement a taxpayer may hope to reach and in some instances 'all or nothing' litigation will be the result.
In addition, tax authorities are increasingly seeking to boost tax revenues by investigating possible abusive tax avoidance. Such scrutiny can disrupt core business activities and lead to costly compliance obligations – and occasionally litigation – which can take years to resolve.
Drawing on the firm's leading dispute resolution practice and unparalleled litigation experience, the Lovells Tax Disputes Practice offers tax dispute resolution services tailored to demands of clients who can call upon experts in tax law and who work closely with experts in property, finance, corporate and commercial litigation sectors. Lovells' international tax network also ensures clients in one jurisdiction can be satisfied that any tax litigation or investigation taking place in another country or continent can be co-ordinated and reported by their local Lovells contacts, an efficiency which has a real cost benefit to multinational clients.
Lovells was named Best Tax Team in a Law Firm 2008 at the LexisNexis Taxation Awards and our reputation in the market is confirmed by the leading legal directories. Chambers and Partners Legal Directory commented the team "enjoys a splendid reputation for litigation and advice on indirect tax." Our lawyers frequently speak at industry seminars and conferences and regularly contribute articles to a number of publications.
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