The firm has advised financial institutions, multinational corporates, funds and asset managers on tax-related offshore and legal issues for many years. The new team will comprise partners with specific tax expertise. These are:
Caroline Bormans inLuxembourg;
Simon Schilder in the British Virgin Islands;
David Cooney in the Cayman Islands;
Marcus Leese in Guernsey;
Nathan Powell in Hong Kong; and
Chris Byrne in Jersey.
The firm says the group will primarily work with tax departments at onshore law firms and with clients direct on all aspects of cross-border advisory and transactional tax matters, but not on tax structuring or the type of tax compliance services that accountancy firms offer.