European Tax Awards 2016: Submission period now open

The closing date for submissions is Friday February 5 2016. The awards will be presented during a dinner at the Savoy in London on Thursday May 26 2016 in these categories:  

• National tax (27 jurisdictions) and transfer pricing (25 jurisdictions) firm of the year

• European Tax Firm of the Year (no separate submission form - award will be judged according to the national submissions)

• European Transfer Pricing Firm of the Year (no separate submission form - see above)

• European Tax Disputes Firm of the Year

• European Indirect Tax Firm of the Year

• European Deal of the Year in 11 industry sectors or practice areas

• European Tax Policy Firm of the Year

• European Court of Justice Firm of the Year - direct tax

• European Court of Justice Firm of the Year - indirect tax

• European Tax Compliance & Reporting Firm of the Year

• European Tax Technology Firm of the Year

• European Tax Innovator Firm of the Year

• Best Newcomer (international tax practice <5 years since formation) (no separate submission form - award will be judged according to the national submissions)

• US Tax Firm of the Year (no separate submission form - award will be judged according to the national submissions)

• Editors' Choice - who has made the biggest impact on tax in Europe in 2015? Awarded by the editorial staff of International Tax Review.

In addition to the awards for the best tax and transfer pricing firms in 27 jurisdictions or regions, including South Africa, the ceremony in 2016 will again feature the presentation of three separate awards to company tax departments, who can enter to be named the direct or indirect tax, or transfer pricing in-house team of the year. To win they must compose a 500-word description of their objectives for the 2015 calendar year and how they were achieved, highlighting areas where the work done by the team made a significant impact on the overall goals of the company.

• European In-house Team of the Year - direct tax

• European In-house Team of the Year - indirect tax

• European In-house Team of the Year - transfer pricing

Deals

There is a separate submission form for the 11 deals of the year awards:

• banking;

• capital markets;

• consumer products;

• energy;

• financial services;

• joint ventures;

• media and entertainment;

• M&A;

• private equity;

• restructuring and

• telecommunications and technology;

Any firm that worked on any of the tax aspects of the winning deals will receive an award.

Methodology

Between December 2014 and February 2015, law firms, tax advisers, accountants and other tax service providers from these jurisdictions:

Austria; Baltic States (Estonia, Latvia and Lithuania); Belgium; Central and Eastern Europe (Bulgaria, Czech Republic, Romania, Slovak Republic and Slovenia); Cyprus (no TP award); Denmark; Finland; France; Germany; Greece; Hungary; Ireland; Italy; Luxembourg; Malta (no TP award); Netherlands; Norway; Poland; Portugal; Russia; South Africa; Spain; Sweden; Switzerland; Turkey; UK and Ukraine

can submit three examples of their best work for consideration for the national tax and transfer pricing awards.

The awards for European Tax Firm of the Year, European Transfer Pricing Firm of the Year, US Tax Firm of the Year in Europe and Best Newcomer (international tax practices of <5 years) will be judged from these submissions.

There are separate submission forms for the European regional awards covering tax disputes, the European Court of Justice, indirect tax, tax compliance & reporting, innovation and tax technology.

The awards will be judged according to:

• Size (Not conclusive, though it does indicate what a tax team is capable of taking on)

• Innovation (Did the advice the firm gave show something more than the straightforward answer that is commonly used? Did the matter address tax issues that were out of the ordinary and what ingenuity did the firm show to solve them?)

• Impact (What effect did the matter have on the client's business? Was it transformative? What has the conclusion of the matter enabled the client to achieve?)

If you wish to attend the awards dinner in London on May 26, please get in touch with Andrew Tappin.