Davis Polk has long been a leader in domestic, cross-border and international tax law. Our tax lawyers continue to remain at the helm of innovation, working closely with clients on complex transactions and corporate structures, as well as first-of-their-kind derivatives and other financial products.
In financial products, capital markets, mergers and acquisitions, investment funds and bankruptcy, we contribute significantly to the market-leading practices of the firm and are at the center of the most important transactions, developments and controversies in tax law.
In 2012, our tax lawyers were brought in to advise on several landmark transactions that highlight our cross-border and international tax capabilities, including:
- CNOOC’s $15.1 billion acquisition of Nexen
- Daikin’s $3.7 billion acquisition of Goodman Global
- Wanda’s $2.6 billion acquisition of AMC Entertainment
- Línea Amarilla’s novel hybrid bank/bond project financing
Our tax controversy matters span a broad range, including issues involving partnership and international taxation, as well as questions relating to financial products, employee benefits, residency and domicile, tax accounting and debt-equity characterization.
In the rare instances when our clients’ cases have gone to trial, our litigation strategy has been successful, most recently in our victories for PepsiCo, National Westminster Bank and AmBase.