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Combining the knowledge of local laws and cultures with a global reach is just one of the ways Baker & McKenzie separates itself from other firms. Our genuinely global perspective allows us to operate without boundaries around the world, in every jurisdiction that is important to your business.

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Supply Chain Tax Planning

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The Baker & McKenzie Global Tax Planning & Transactions Practice is the global leader in planning, implementing and defending supply chain restructurings for multinational groups. Our focus is to maximize the tax benefits of the restructuring, taking into account the business goals which motivate the transaction. Our multinational planning teams address questions of proper income allocation among related entities, risks that tax administrations may assert a taxable presence or “permanent establishment” of nonresident entities in the supply chain, and proper value added or other indirect tax obligations in the restructured supply chain.

Changes to the EU's Generalised System of Preferences This client alert discusses revisions to the European Union's Generalised System of Preferences (GSP) which has reduced the number of exporter countries that benefit from lower duties from 176 to 89. Changes will take effect starting 1 January 2014. Alert is available in German version only.		Seeking balance Governments worldwide search for a new balance in the taxation. This creates great challenges for companies. What these are and how companies can prepare and adapt to these, we have summarized in a white paper (in Dutch).		No VAT recovery for deal fees on takeover A holding company cannot recover VAT on the costs of acquiring target company shares unless it carries on an economic activity for VAT purposes (something more than just acquiring and holding shares, such as supplying management services).
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