Peter Nias is a partner in the law firm of McDermott Will & Emery UK LLP, based in its London office. He is Head of the London office Tax Department, where his practice focuses on direct and indirect tax advice on a broad range of corporate and commercial business activities, including acquisitions and disposals, and corporate structures for UK and international business investments. Peter also advises on general corporate commercial tax matters for companies and advises individuals on wealth preservation techniques.
In the area of structured finance, Peter�s experience includes asset and cross-border structuring. Peter also regularly advises on thin capitalisation and transfer pricing issues as well as tax disputes and litigation including negotiating settlements with the UK tax authorities.
Through membership of a number of professional technical committees, he is in regular contact with senior Revenue and Customs officials in respect of the consultation process involving new legislation. He is chairman of the International Tax Sub-Committee of the Law Society�s Tax Law Committee and a member and former chairman of the International Tax Sub-Committee of the Chartered Institute of Taxation.
Peter is a frequent speaker at tax conferences on a wide range of tax issues, including: international structuring for multinational corporations, transfer pricing, asset financing and securitisations, and European Union harmonisation and regularly contributes articles on these subjects to technical journals (an updated list of articles is posted on the McDermott Will & Emery website at www.mwe.com).
He was named by International Tax Review in their Directory of the World�s Leading Transfer Pricing Advisers. He also is named as a leader in his field in a number of directories, including Legal 500 (a whole level of professionalism above), Chambers (thoroughly charming, a tremendous reputation, very able technically and extremely knowledgeable) and Legal Experts. Peter was recently named a worldwide leader of tax in Chambers Global: The World�s Leading Lawyers for Business 2007.
Representative Experience
Advising a number of US based multinationals on the application of the UK anti-avoidance arbitrage legislation to the UK components of their international corporate group structures
Renewal of first APA under new UK transfer pricing regime (1999) for major US based pharmaceutical company
Advising the world�s largest developer and distributor of electronic games on its UK transfer pricing strategy including its current tax authority audit
Advising a FTSE 100 international energy and petroleum group on the worldwide restructuring of its multibillion dollar brand to maintain ownership protection and enhance brand value
Advising on the European restructuring of a US based heavy machinery group to achieve thin capitalisation targets and US repatriation objectives
Education
Manchester University, L.L.B. (Hons), 1976
Languages Spoken
English
Swedish |