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Institutional investors set out stance on payment of "allowances" in new guidelines on executive pay

Variable "allowances" should generally not be included as part of directors' fixed pay because they are "inconsistent with the spirit of simplicity, clarity and pay for performance", according to new guidelines published on behalf of institutional investors.... 21 Oct 2014

AbbVie: "risks and uncertainty" of US tax policy behind decision to drop Shire bid

US pharmaceutical company AbbVie dropped its proposed £54 billion acquisition of UK rival Shire as a direct result of changes to the way in which authorities in the US treat cross-border mergers for corporate tax purposes, it has confirmed. 21 Oct 2014

Remote gambling tax proposals challenged at High Court

UPDATED: The UK government's plans to introduce a 15% levy on remote gaming and betting on a 'point of consumption' basis later this year has been challenged at the High Court in London. 20 Oct 2014

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Expertise in Tax

We are one of the largest tax teams of any UK law firm, providing strategic tax advice on all aspects of direct and indirect taxation. Our clients include FTSE 350 plcs, multinationals and financial institutions.

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