Firms To Watch: Tax

ADVANT Beiten's tax team focuses on project-related advice: here, clients benefit from the firm's cooperation with ADVANT Nctm in Italy and ADVANT Altana in France. Its advice further spans M&A, restructuring and internationalisation as well as VAT, tax compliance and tax compliance management. Its experience in advising public sector clients and its economic institutions represents another flagship for the group.

Tax in Germany

Flick Gocke Schaumburg

The name Flick Gocke Schaumburg is synonymous with tax advice in Germany; the large team covers the entire spectrum of tax matters and assists both German and international corporations as well as private individuals, NPOs and the public sector. Particular strengths lie in restructuring, tax compliance, transfer pricing and succession planning as well as in criminal tax matters. Group and corporate tax expert Thomas Rödder heads the Bonn practice and focuses on advising listed companies and family businesses. Karsten Randt and Jörg Schauf are the key contacts for criminal tax issues, while Carsten Schlotter and Philipp Diffring, who made partner in January 2023, are particularly known for their advice in the sports sector. Nadia Altenburg made partner at the same time and is particularly experienced in tax issues in the energy and real estate sectors.

Practice head(s):

Thomas Rödder


Other key lawyers:

Karsten Randt; Jörg Schauf; Carsten Schlotter; Philipp Diffring; Nadia Altenburg


Testimonials

‘Fundamentally, FGS’s team impresses with high professional quality – even when dealing with complex issues. This was also the case for us, with the team making a great impression through both their professional and practical experience.’

‘Top professional, nationwide reputation, experienced in handling large cases; contacts in the financial administration.’

‘Great reputation and expertise, particularly in advising family businesses.’

Linklaters

Linklaters is particularly well versed in transactional tax law and regularly advises market-leading companies and financial institutions across practices and countries. Thus, practice head Oliver Rosenberg, who was appointed Global Head of Tax in 2022, routinely assists with M&A projects with a focus on the energy sector as well as with complex restructurings. Here, he can also rely on the expertise of Sebastian Benz, Andreas Schaflitzl and Christian Hundeshagen, who are also adept at transfer pricing. In addition, the company has adjacent skills in ​​fund structuring and investment tax law and supplements this with relevant experience in crisis management, compliance and criminal tax matters. Jens Blumenberg is the key contact for cum-ex and cum-cum issues, while Rainer Stadler handles tax disputes as well as tax-oriented group restructuring and fund structuring. Restructuring specialist Anne Katharina Rosenow made counsel in November 2022. Counsels Julian Böhmer and Kirsten Placke focus on tax structuring advice related to corporate restructuring and transactions.

Practice head(s):

Oliver Rosenberg


Other key lawyers:

Sebastian Benz; Andreas Schaflitzl; Christian Hundeshagen; Jens Blumenberg; Rainer Stadler; Julian Böhmer; Anne Katharina Rosenow; Kirsten Placke


Testimonials

‘Fast response times and reliability as well as high professional quality are outstanding in the industry. Linklaters thinks for the client and is therefore able to provide precise advice. The team also exchanges information about ongoing projects and can therefore respond to questions at any time. The team also thinks outside the box, which also makes the advice more valuable.’

‘Broad tax practice at the highest level. Strong commercial judgment is used to provide concrete and actionable recommendations with a balanced risk awareness. Trusted advisor for complex tax structuring, especially in cross-border areas.’

‘For me, Oliver Rosenberg is one of the absolute best tax lawyers in Germany. Excellent, broad professional expertise, including in the area of ​​corporate law. Excellent judgment. Strong in negotiations.’

Work highlights


  • Tax advice to Carrier Global Corporation on its €12 billion acquisition of Viessmann Climate Solutions.

  • Advising Ernst & Young on the separation of its audit and consulting business into two separate organisations.

  • Tax advice to Volkswagen AG and Porsche AG on the conception of the transaction and the preparation of the IPO of Porsche AG.

Allen & Overy LLP

Embedded in the global network, Allen & Overy LLP assists national and international corporations, medium-sized companies, financial services and real estate companies with a similarly broad range of topics; the group focuses on corporate and transactional tax law, while tax disputes, tax risk management, VAT and compliance as well as the digitalisation and automation of tax processes represent further strengths. Practice head and Chair of Global Tax Gottfried Breuninger is known for resolving tax disputes, including tax audits and investigations; he can also rely on Magnus Müller (tax dispute resolution, including aspects of criminal tax law) and Ellen Birkemeyer (implementation of tax risk and tax compliance management systems) as well as Florian Lechner, who joined from Jones Day in February 2023 and frequently handles cum-ex- and cum-cum investigations and proceedings. Transaction-related matters are routinely handled by Heike Weber.

Practice head(s):

Gottfried Breuninger


Other key lawyers:

Heike Weber; Magnus Müller; Ellen Birkemeyer; Florian Lechner


Testimonials

‘Heike Weber knew very well how to juggle many different interested parties, very complicated and interconnected agreements, and at the same time understand and take into account our economic points of view.’

‘German tax practice is very well positioned to effectively coordinate and negotiate tax issues in large, complicated transactions. Thanks to the good cooperation with other A&O teams, especially Finance and Corporate, and other tax advisors, tax requirements are perfectly implemented in “well-rounded” legal transaction documentation.’

‘Heike Weber always keeps track of complicated transactions. In our last transaction with several co-investors, her consistency and pragmatism were indispensable in getting tax issues off the table.’

Key clients

Allianz Capital Partners, AIP Management, Norges Bank Investment Management


Athora Deutschland GmbH


Deutsche Bank AG


DigitalBridge Group Inc.


DWS Group GmbH & Co.KGaA


Corestate Capital Holding S.A.


Gerry Weber


Zurich Gruppe Deutschland


Work highlights


  • Advising a consortium consisting of Allianz Capital Partners, AIP Management and Norges Bank Investment Management on the acquisition of 49.9% of the planned He Dreiht offshore wind farm from EnBW Energie Baden-Württemberg AG.

  • Advising Corestate on the restructuring of its financial liabilities.

  • Advising DigitalBridge Group Inc. on its investment in the cell tower business of Deutsche Telekom AG.

Clifford Chance

Utilising its cross-location cooperation, Clifford Chance regularly acts for domestic and foreign credit institutions, companies, institutional investors, funds and asset managers. Its advice foots on financial, transaction, real estate and corporate tax expertise as well as experience in tax disputes. Practice head Felix Mühlhäuser also focuses on these topics and frequently advises on structured financing, takeovers and corporate structuring as well as equity derivatives. Other key contacts include Dominik Engl (transactions and related financing), Stefan Behrens (investments, restructuring, transactions, fund structuring) and Olaf Mertgen (M&A and tax due diligence). Marco Simonis is the main port of call for tax issues related to investment funds and other asset management structures.

Practice head(s):

Felix Mühlhäuser


Other key lawyers:

Dominik Engl; Stefan Behrens; Olaf Mertgen; Marco Simonis; Jan Grabbe


Testimonials

‘In my experience, all colleagues are very approachable and connected with the financial administration on many levels. This makes things a lot easier.’

‘Stefan Behrens is an excellent lawyer who deals with facts very critically and, if necessary, supports them accordingly. He comes to very realistic assessments and is not afraid to talk us out of complaints. In addition to his knowledge of bank taxation, his particular expertise lies in property transfer tax and the taxation of partnerships.’

‘Olaf Mertgen is technically and user-friendly excellent and responds extremely quickly.’

‘Olaf Mertgen is an outstanding practitioner.’

‘Felix Mühlhäuser is one of the country’s best tax advisors in the capital markets sector. Extremely professionally competent and extremely pleasant to deal with personally, very confident in his actions and forward-looking in his consulting approaches. He creates a very productive, efficient and pleasant working atmosphere with the client. It’s fun to work with him.’

‘Very proactive and creative team that supports us in a very solution-oriented and reliable manner on transactions.’

‘In our opinion, Dominik Engl is one of the best tax partners you can get in Germany. He thinks three times outside the box for us and finds ideal solutions for our products and transactions. Worth every penny.’

Gleiss Lutz

Gleiss Lutz primarily assists large corporations and private equity investors who routinely draw upon the team's expertise in corporate and transaction tax matters as well as in compliance investigations and succession issues. Achim Dannecker frequently handles corporate succession matters, while Johann Wagner and practice head Stefan Mayer are well versed in tax advice on M&A and PE transactions. Hendrik Marchal (M&A and real estate transactions; also VAT) and Ocka Stumm (M&A and tax due diligence) also advise on transactional matters. In addition, Stumm oversees criminal tax proceedings and tax audits; an area that is also covered by Alexander Werder (compliance, criminal tax law, cum-ex).

Practice head(s):

Stefan Mayer


Other key lawyers:

Johann Wagner; Ocka Stumm; Achim Dannecker; Alexander Werder; Hendrik Marchal


Testimonials

‘Excellent industry knowledge in tax advice on private equity deals. Good accessibility of partners, proactive management of the matter.’

‘Stefan Mayer is a young but very experienced partner. Proactive and unpretentious. Technically excellent.’

‘Reliable, committed, highly professional and competent team. Excellent advice that is extremely professional, solution-oriented and sustainable. We greatly appreciate the trusting cooperation. An exemplary tax firm that we can recommend without reservation.’

Work highlights


  • Advising Deutsche Telekom on the bidding process for the sale of a majority stake of 51% in its radio tower business GD Towers to a bidding consortium consisting of Canadian investment company Brookfield and US infrastructure investor DigitalBridge.

  • Advising specialty chemicals group LANXESS on the establishment of a joint venture for technical high-performance polymers with private equity investor Advent International.

  • Advising Takko Fashion on financial restructuring and refinancing.

Hengeler Mueller

With a strong presence in transactional matters, tax disputes and tax proceedings as well as in advising wealthy private individuals, Hengeler Mueller assists a similarly broad client base consisting of high-profile players from the financial services, private equity and real estate industries. Stefanie Beinert advises German medium-sized and family businesses on company succession as well as restructuring and M&A. She is one of the key contacts alongside Markus Ernst, Matthias Scheifele and Gunther Wagner, who also focuses on national and international transactions, corporate tax law, tax disputes and financial taxes, as well as counsel Marius Marx and Sebastian Heinrichs (made counsel in January 2023); Marx and Heinrichs also focus on tax transaction support, corporate tax and international tax law.

Practice head(s):

Stefanie Beinert; Markus Ernst; Sebastian Heinrichs; Marius Marx; Matthias Scheifele; Gunther Wagner


Milbank

Milbank's tax team focuses on transactions, resulting in regular advice on cross-border acquisition and financing structures in the context of private equity and M&A matters as well as on corporate restructuring. The group has further expertise in inheritance and gift tax planning as well as in tax audits and tax disputes. Thus, the client base includes high-profile national and international companies and private equity investors as well as private individuals. Based in Munich, the team is jointly led by Rolf Füger (corporate and international taxation; special expertise in the private equity sector), Thomas Kleinheisterkamp (transactions, corporate restructuring, financing, tax audits, tax disputes), Matthias Schell (transactions, corporate restructuring, tax litigation and tax arbitration proceedings) and Norbert Rieger (transactions, PE, restructuring).

Practice head(s):

Rolf Füger; Thomas Kleinheisterkamp; Norbert Rieger; Matthias Schell


Testimonials

‘Very fast response time, very strong client orientation and embedded in other areas (corporate, finance).’

‘The Milbank team impresses with most accurate professional advice at every stage of a process, particularly on tax and corporate matters, and delivers required drafts, documents and advice in the shortest possible time.’

‘Matthias Schell is extraordinary and outstanding. Prompt reactions and advice at the highest professional level.’

‘In complex cross-border transactions, Milbank controls the process holistically and with an eye for essentials. Risks are addressed at an early stage and implemented excellently in the structure, technically and in terms of content. The right experts are brought in where necessary.’

‘Matthias Schell is an outstanding personality who completely structures a transaction and then carries it out. A “carer” in the best sense of the word. He is a process owner who is extremely technically competent, but also manages transactions prudently and with a high level of precision and attention to detail, even beyond taxation issues.’

‘Always available, no matter what time. Great response, very reliable, very pragmatic.’

‘Rolf Füger: The “Tax Pope”.’

Key clients

About You


Advent International


Allianz X


Ardian


AUTO1 Group


Bilfinger SE


Conrad Electronics SE


Deutsche Beteiligungs AG (DBAG)


Deutsche Invest Capital Management


ECM Equity Capital Management


EMH Digital Growth Fund GmbH & Co. KG


EQT Partners AB


H.C. Starck Group


H.I.G. European Capital Partners


INNIO Group


KAEFER Isoliertechnik GmbH & Co. KG


LEA Partners


Otto Group


PAI Partners


ProSiebenSat.1 Media SE


Sartorius AG


The Carlyle Group


Zalando SE


Work highlights


  • Tax advice to Altor Funds on the acquisition of a majority stake in VTU Group GmbH from DPE Deutsche Private Equity funds.

  • Tax advice to lenders on the financial restructuring of Schur Flexibles Group, which will in future operate under the name adapa.

  • Tax advice to General Atlantic on the planned merger of Qontigo and ISS (both majority owned by Deutsche Börse AG).

Baker McKenzie

Transactional tax matters are at the heart of Baker McKenzie's practice and also represent the focus of both practice heads Thomas Schänzle and Christoph Becker. The group is therefore regularly entrusted by multinational companies and strategic investors in the mid-cap and large-cap segments to advise on issues relating to M&A transactions and restructuring; however, the team also assists with corporate and international tax planning, transfer pricing, VAT and tax disputes. Jana Fischer is a key contact for the latter area, while the practice's VAT capacities were strengthened with the arrival of Philipp Klinker from Flick Gocke Schaumburg in October 2022.

Practice head(s):

Thomas Schänzle; Christoph Becker


Other key lawyers:

Stephan Behnes; Stephan Schnorberger; Florian Gimmler; Jörg Hanken; Christian Port; Thomas Gierath; Jochen Meyer-Burow; Philipp Klinker; Jana Fischer


Testimonials

‘Strong tax team growth, now with a significant presence to manage large tax matters in Germany too. Very competent team with pragmatic and client-oriented solutions, not a one-size-fits-all solution.’

‘Thomas Schänzle is a technically excellent partner with a great overview and deep understanding of client needs.’

‘Pragmatic, cooperative action with the client. The specialisation and (in)depth nature of tax law means that several professionals with different tax focuses are (have to) be assigned to a complex project by the law firm. This was pointed out proactively and in advance. So from a transparency perspective there were no surprises.’

Key clients

Sika


Trane Technologies


Aurelius-Gruppe


Nikkiso


Rakuten


Kerry Group


Boehringer Ingelheim


Ingenics AG


Work highlights


  • Tax advice to Sika, the global Swiss construction chemicals group, on the successful €5.3 billion acquisition of the Master Builder Construction Chemicals (MBCC) group from Lone Star.

  • Advising private equity group AURELIUS on tax aspects of the takeover of LSG Group from Deutsche Lufthansa AG.

  • Advising Trane Technologies, a global company for innovative air conditioning technology, on tax aspects of the acquisition of AL-KO Air Technology, a division of AL-KO SE.

POELLATH

POELLATH's tax practice is particularly well versed in tax advice pertaining to transactions and asset management and regularly assists medium-sized private equity companies and family businesses. Corresponding matters often relate to the design of tax-optimised private equity structures (buyouts) and the structuring of investment funds as well as to tax aspects of real estate transactions; Michael Best is also active in this context and routinely acts for private equity funds and wealthy private individuals. He jointly heads the practice with Hardy Fischer, who regularly handles large real estate transactions for funds and real estate companies.

Practice head(s):

Michael Best; Hardy Fischer


Other key lawyers:

Gerald Herrmann; Sören Reckwardt


Key clients

DPE Deutsche Private Equity


Castik Capital


Egeria


Maxburg Capital


Acura/Investcorp


ADCURAM


PINOVA Capital


Union Investment


LBBW Immobiliengruppe


Quantum Immobilien


ZBI


EQT


Elvaston Gruppe


Equistone Partners


EMERAM Capital


Valley IT Group


LMP Partners


Inflexion


Main Capital Partners


Work highlights


  • Advising DPE Deutsche Private Equity on successful fundraising, and the largest GP-led secondary transaction in Germany to date with €708 million.

  • Advising a family office on the acquisition of shares in Sartorius AG.

  • Advising EQT on the fund structuring of EQT X and EXT Infrastructure VI with a total volume of over €40 billion.

CMS

CMS is highly skilled in advising on transaction and corporate taxes, but also has experience in group taxes and tax compliance, succession and estate planning, financial taxes and indirect taxes, as well as in tax audits and tax disputes. Its broad client base particularly consists of players in the automotive, energy, life sciences and pharmaceuticals, PE, real estate and TMC sectors. Thomas Gerdel (tax aspects of corporate and real estate transactions, criminal tax law) and Jörg Schrade (M&A transactions, financing, tax audits) jointly lead the practice. Angelika Thies focuses on real estate transactions and transfer pricing, while Björn Demuth advises on tax compliance, tax proceedings and private clients. Martin Friedberg made partner at the turn of the year 2023 and primarily focuses on tax structuring of M&A transactions.

Practice head(s):

Thomas Gerdel; Jörg Schrade


Other key lawyers:

Heino Büsching; Martin Friedberg; Daniel Kaiser; Tillman Kempf; Thomas Link; Martin Mohr; Jesko Nobiling; Tobias Schneider; Angelika Thies; Björn Demuth


Testimonials

‘High reliability, very good accessibility and professional expertise.’

‘Look for solutions that make sense for the company in the overall economic context.’

‘Very competent advice, especially on difficult tax issues and very good cooperation in tax litigation. Easily accessible and communication is well tailored to the client’s level of experience.’

Dentons

Dentons' expertise spans tax advice on transactions and conversions as well as international transfer pricing, where the team regularly assists with cross-border matters. The group focuses on the energy, real estate, financial services, transport and insurance sectors and is also experienced in asset management and compliance. Managing partner of the Frankfurt office and co-head of the European tax practice Michael Graf leads the practice and focuses on international corporate tax. Thomas Voss (W&I and special tax insurance) left for an in-house role at the end of 2023.

Practice head(s):

Michael Graf


Other key lawyers:

Stephan Busch; Pia Dorfmueller; Dominik Thomer; Andreas Berberich


Testimonials

‘Andreas Berberich and his team are characterised by excellent expertise in various tax areas. Billing was always transparent and fair and the ability to meet agreed timelines was never in question.’

‘Andreas Berberich has the perfect mix of pragmatism and excellent specialist knowledge. He has a real understanding of tasks at hand and the ability to provide advice in simple layman’s terms that is second to none and is particularly helpful in complex tax scenarios.’

‘The firm has a very practical and solution-oriented approach. They constantly think of solutions and always keep an entrepreneurial approach in mind. They adapt excellently to the needs of their clients.’

‘Andreas Berberich has outstanding expertise in W&I matters and tax insurance. He also excels at tax structuring. The collaboration is very friendly and collegial. His competence and technical skills are very high and very convincing.’

‘Andreas Berberich’s responsiveness and support are absolutely market leading. We have always felt confident using Dentons for our German tax projects.’

‘Excellent communication with the client. Appropriate, critical questions to prepare the best possible solution.

‘Stephan Busch is an extremely profound tax and corporate lawyer.’

‘Michael Graf is the creative mind and the driving force of the team. His outstanding expertise in tax and legal matters combined with his humanity and friendliness are an unbeatable combination that creates enthusiasm for working together.’

Key clients

AIG


ATAI Lifesciences NV


Berliner Wasserbetriebe


BNP Paribas Real Estate Investment Management GmbH


BVV Versicherungsverein des Bankgewerbes a. G.


Deutsche Vermögensberatung AG


Deutscher Sparkassen und Giroverband


Dual Specialty M&A GmbH


Franger Investment GmbH & Co. KGaA


Geodis S.A.


Riskpoint A/S


Ruby Hotels GmbH


Shareholders of DekaBank AöR


SAF-Holland SE


S Broker AG & Co KG


S-Kreditpartner GmbH


Stabilus SE


TELUS International


VolkswagenStiftung


Vonovia SE


Qualitas Energy


Aeroground Flughafen München


Deka Erwerbsgesellschaft mbH & Co. KG


Work highlights


  • Tax advice to Vonovia on the sale of a real estate portfolio with residential and commercial units in Berlin.

  • Advising AIG, AMANIKI, Beazley, DUAL, Riskpoint, Liberty, Acquinex and Brockwell Capital on over 130 W&I and Special Tax insurance policies.

  • Advising AIF Kapitalverwaltungs-AG on the acquisition of a portfolio of residential properties and commercial units in the Netherlands.

Hogan Lovells International LLP

Hogan Lovells International LLP primarily advises national and international clients from the financial services, automotive, life sciences and real estate sectors on tax law issues that arise in transaction contexts, as well as transfer pricing, tax compliance and investigations. Key contacts for transactional matters include Heiko Gemmel, who applies his expertise in the financial services and fund industry to support sector-specific M&A transactions, and Mathias Schönhaus, who focuses on the real estate area. Practice head Ingmar Dörr is the first port of call for tax and customs investigations. Counsel Nico Neukam is well versed in advising on tax-optimised acquisition and financing structures.

Practice head(s):

Ingmar Dörr


Other key lawyers:

Heiko Gemmel; Mathias Schönhaus; Christoph Küppers; Nico Neukam


Key clients

Aareon AG


AXA IM Alts


Banijay Germany


BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen und ZF


Blackbrook und NVELOP


Covestro


Enpal


Grover


HR Group


IT Frankfurt GmbH


Konzern Versicherungskammer und LUWIN Real Estate


Prologis


Stumpf-Gruppe


UniCredit Bank


VALOREO


VALUES Real Estate


va-Q-tec


Bankenkonsortium


Provinzial Versicherungsgruppe


Work highlights


  • Advising BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF on the establishment of the Cofinity-X joint venture.

  • Advising AXA IM Alts on the sale of its majority stake in Berlin-based office complex TechnoCampus.

  • Advising VALOREO, Inc on its sale to German Razor Group GmbH and on a simultaneous financing round of the group.

Noerr

Noerr focuses on transaction, fund and group tax law and thus advises large national and international companies, investment funds, insurance companies and wealthy individuals on tax aspects of transactions, investments and restructuring; this is complemented by experience in succession issues and tax proceedings. Tax advisor Carsten Heinz (transactional tax law, corporate reorganisations) and Georg Edelmann, who is experienced in the tax structuring of large medium-sized companies, international companies and financial institutions as well as in tax audits and tax litigation, jointly head the practice. The arrival of Andre Happel from Fieldfisher in February 2023 further strengthened the transactional tax practice, while succession planning expert Michael Tommaso made partner in January 2023.

Practice head(s):

Carsten Heinz; Georg Edelmann


Other key lawyers:

Elmar Bindl; Martin Haisch; Andre Happel; Michael Tommaso; Elisabeth Dworschak; Sebastian Leidel


Testimonials

‘The team led by Carsten Heinz follows a holistic approach that has economic understanding at the core of its tax structure advice.’

‘Carsten Heinz has the gift, which is very rare among tax lawyers, of communicating difficult matters and proposed solutions in an understandable manner so that clients are empowered to make decisions. His calmness and razor-sharp precision in negotiations are impressive.’

‘The practice covers all relevant tax areas.’

‘High level of specialist and industry knowledge from Georg Edelmann.’

‘My law firm for complex international tax disputes.’

‘Georg Edelman deserves special mention. He has a keen legal mind and a great ability to identify and resolve potential problems in large and complex transactions and disputes.’

‘Well-rehearsed interaction between law and tax and an excellent understanding of each other.’

Key clients

Omnicom


Synergie-Group


Golding Capital


Union Investment


Gegenbauer


Henkel


Fresenius


Die Developer/Projektentwicklung


JT Bank


Work highlights


  • Advising media group Omnicom Group Inc. on the divestment of its various businesses in Russia, including the divestment of AO BBDO Group with over 30 subsidiaries, TBWA Group and Ketchum Group.

  • Advising JT Bank on the structuring of several large real estate portfolios in the European environment.

  • Regular legal, tax and investment advice to Golding Capital Partners on investments by various umbrella funds in various private equity and debt funds.

DLA Piper

DLA Piper's client base consists of companies as well as domestic and foreign funds, investors and financial services providers which draw on a similarly broad advisory repertoire; most recently, the group assisted with numerous issues relating to transfer pricing and corporate taxes as well as tax audits, tax disputes and transactions. The practice particularly applies its tax transaction expertise in the real estate sector and also assists with investment tax-related matters; Björn Enders is considered an expert for customs compliance and tax issues in connection with EU supply chains. Practice head Marie-Theres Rämer frequently utilises her expertise in financing and leasing transactions, while Ulf Andresen is the key contact for tax audits, including joint audits and subsequent tax disputes.

Practice head(s):

Marie-Theres Rämer


Other key lawyers:

Ulf Andresen; Björn Enders; Konrad Rohde


Testimonials

‘Marie-Theres Rämer is a very good tax lawyer, very strong in structuring.’

‘Complicated cases with the tax authorities are brought to a conclusion more quickly than in other law firms. They don’t take any detours or do any loops. Value for money.’

‘Ulf Andresen is a strong negotiator and goal-oriented, always on point.’

Key clients

InterContinental Hotel Group


NIO Europe


Olympus


Sunovion Pharmaceuticals USA


Keensight Capital


Work highlights


  • Tax advice to a listed real estate company on the acquisition of a retail portfolio through an asset deal.

  • Supporting an American investment company in proceedings before the European Court of Justice regarding the inadmissibility of German investment fund taxation under European law.

  • Ongoing advice to an international packaging manufacturer on all transfer pricing issues for the group, including tax audits and an advance agreement proceedings as well as in connection with restructuring.

Oppenhoff

German and international clients, including several US multinational corporations, regularly turn to Oppenhoff to seek advice on project management, transactions and restructuring. The team also assists its clients with tax matters relating to day-to-day business, as well as with tax audits and transfer pricing issues. The team is led by Axel Bödefeld in Cologne, whose expertise reflects the practice's activities and leads to regular instructions by players in the pharmaceutical industry.

Practice head(s):

Axel Bödefeld


Other key lawyers:

Marc Krischer; Gunnar Knorr; Jan Mohrmann


Testimonials

‘Constant availability, high sense of duty, excellent knowledge, solution-oriented and creative.’

‘Excellent network, comprehensive client support from one contact.’

‘Transparent and fair compensation structure, interdisciplinary thinking.’

Key clients

Benckiser Holding / JAB


Johnson & Johnson


Sebastian Vettel


Merck Sharp & Dohme


Bristol-Myers Squibb


VHV Versicherungen


Saint-Gobain


Ford


DuMont Media Group


Shop Apotheke


Ecolog International


Work highlights


  • Tax advice to VHV Group on restructuring within the insurance group.

Skadden, Arps, Slate, Meagher & Flom LLP

Skadden, Arps, Slate, Meagher & Flom LLP's client portfolio includes numerous corporations, often from the tech, financial services and pharmaceutical industries, and displays a geographical focus on the US. The practice advises on complex transaction structures and restructurings as well as tax disputes and is led by Johannes Frey; reflecting the practice's mainstays, he is primarily dedicated to transactions, tax disputes, including tax audits, administrative complaints, multilateral audits and litigation. He can also rely on European Counsel Frank-M. Black, among others.

Practice head(s):

Johannes Frey


Other key lawyers:

Frank-M. Schwarz


Testimonials

‘Skadden is the deal firm par excellence. Characterized by pragmatism, Skadden always supports the customer professionally from the structuring to the implementation of the deal.’

‘Skadden impresses with all its might when it comes to cross-border deals. The firm is both technically savvy and fast, which always makes the client feel like they are in good hands.’

‘In the Frankfurt Skadden team, Johannes Frey and Frank-M Schwarz are particularly important. Both don’t beat about the bush and impress with their technical brilliance and Anglo-Saxon pragmatism.’

Key clients

Alstria Office REIT


Amazon


Liberty Global


Apple


IBM


Netflix


NIKE


Viking Cruises


SIGNA Sports United


Trimble


Gulf Energy Development


JAB Holding Company


Energy Infrastructure Partners


Biogen


Amgen


FINN


SCP Group


SDC Capital


Work highlights


  • Advising several multinational companies on issues relating to German withholding tax on royalties paid for rights registered as intellectual property in Germany.

  • Advising Trimble on the acquisition of the Transporeon Group from private equity investor Hg in an all-cash transaction with a transaction value of €1.88 billion.

  • Advising Gulf Energy Development on the sale of 50.01% of its shares in the Borkum Riffgrund 2 offshore wind farm, valued at approximately €3 billion, to a joint venture between Singapore’s Keppel Infrastructure Trust and Keppel Corporation Limited.

YPOG

Medium-sized and large companies, funds and fund managers, investors, growth companies and private individuals instruct YPOG to assist with tax matters arising in the context of transactions and investments, as well as with tax planning and tax disputes. Clients particularly benefit from the team's expertise in ​​digital assets, which is regularly incorporated into advice on blockchain-based projects and cryptocurrencies. The practice is led by Malte Bergmann in Hamburg, who primarily handles transactional tax matters; the partner appointment of the Cologne-based Florian Oppel in January 2023 underlined the importance of the group's tax succession advice.

Practice head(s):

Malte Bergmann


Other key lawyers:

Andreas Kortendick; Stefan Richter; Florian Oppel


Testimonials

‘Very good knowledge of fund-specific tax matters.’

‘Technically competent and approachable.’

‘The team is diverse, always approachable, very good market overview, goes the extra mile.’

Key clients

Cherry Ventures


DTCP


Greenfield One


Project A Ventures


N26 AG/SE


Triton Investment Management Limited


Oakley Capital


Deutsche Giganetz


Pepper.com


Work highlights


  • Legal and tax advice to Berlin-based early-stage crypto VC Greenfield One on the structuring of its third fund with a volume of around $160 million, making it the largest crypto fund in Europe.

  • Tax and legal advice to the founder of Amana on the sale and re-investment to LucaNet, a portfolio company of HgCapital.

  • Tax and legal advice on the merger between Pepper.com and GSG.

GSK Stockmann

GSK Stockmann's firm-wide focus on the real estate sector is also reflected in its tax practice, which handles transaction and project-related matters as well as fund structuring; recently, the group was particularly active in matters pertaining to ESG and green tax. For cross-border issues, particularly in the areas of financial taxes and fund structuring, the team regularly cooperates with offices in Luxembourg and London. Petra Eckl in Frankfurt and Dirk Koch in Munich jointly head the practice and cover the tax spectrum comprehensively. Dominik Berka (real estate transactions and investment tax law) made local partner in January 2023.

Practice head(s):

Petra Eckl; Dirk Koch


Other key lawyers:

Dominik Berka; Stefan Schmidt


Key clients

Unstoppable Finance GmbH


Hoeller Elektrolyzer GmbH


STRENGER Holding GmbH


IMAXXAM Asset Management GmbH


Siemens AG


Evonik Industries AG


Work highlights


  • Advising IMAXXAM Asset Management GmbH on the purchase of a portfolio comprising eight office buildings worth around €180 million.

  • Advising Siemens AG on the sale of shares as part of a share deal and the upstream (re)structuring as well as a rental agreement between Siemens and Union Investment.

  • Advising Evonik on the sale of the Lülsdorf site.

Heuking

The client base, consisting of medium-sized companies, international corporations and investors, regularly draws on Heuking's tax expertise in transaction and restructuring contexts, but also entrusts the team with succession planning issues and tax disputes; the latter often relate to income tax, indirect taxes and customs law. Marion Sangen-Emden (M&A, corporate succession, transformation law) and Marc Scheunemann (tax-optimised structuring, acquisitions and financing) jointly lead the practice from Düsseldorf.

Practice head(s):

Marion Sangen-Emden; Marc Scheunemann


Other key lawyers:

Peter Schäffler; Henrik Lay; Fabian Gaffron; Sarah Slavik-Schultz


Kantenwein Zimmermann Spatscheck & Partner

Kantenwein Zimmermann Spatscheck & Partner regularly applies its tax expertise in transactional and compliance matters. Clients from the private equity, real estate, construction and catering industries often call upon the team and also benefit from its extensive advisory experience in criminal tax law as well as in corporate succession and tax disputes. Practice head Gerhard Widmayer is the key contact for corporate-related matters, while Rainer Spatscheck takes the lead in criminal tax issues. Annett Kuhli-Spatscheck primarily represents entrepreneurial families and medium-sized companies in contentious proceedings.

Practice head(s):

Rainer Spatscheck; Gerhard Widmayer


Other key lawyers:

Annett Kuhli-Spatscheck; Sven Ceranowski


Testimonials

‘Small, powerful team. Known for high quality in tax planning. Particularly well positioned in interdisciplinary matters.’

‘Gerhard Widmayer is a clever mind, very thorough and forward-looking.’

‘Gerhard Widmayer is top-notch professionally, calm and matter-of-fact, always extremely prepared.’

‘Rainer Spatscheck is very competent in criminal tax law, a reliable and committed advisor, very experienced.’

‘Very high quality with an understanding of medium-sized businesses.’

‘Gerhard Widmayer is particularly good at international tax law and the taxation of partnerships.’

‘Full service for medium-sized companies and private individuals from tax returns, bookkeeping and payroll to sophisticated advice in difficult situations, including criminal tax law. Very direct advice from the partners at highest level.’

‘Annett Kuhli-Spatscheck acts with great caution and care, is always available and helps quickly and reliably, and Rainer Spatscheck is an excellent criminal defense lawyer who handles unpleasant proceedings to the satisfaction of his clients.’

Luther Rechtsanwaltsgesellschaft mbH

Luther Rechtsanwaltsgesellschaft mbH advises domestic and foreign corporations, large family businesses, financial services providers, institutional real estate investors as well as wealthy private individuals and non-profit organisations on corporate taxation, M&A and real estate transactions as well as in the context of investment and fund structuring. Bela Jansen, who is experienced in asset management-related (investment) tax and regulatory matters, heads the practice.

Practice head(s):

Bela Jansen


Other key lawyers:

Ulrich Siegemund; Nicole Fröhlich; Jens Röhrbein; Zacharias-Alexis Schneider


Testimonials

‘Very good industry knowledge.’

Key clients

Imerys


Calderys


Ursa


Tokyo Electron


Halder Beteiligungsberatung


Indus Holding GmbH


Douglas


Kienast Holding GmbH & Co. KG


Eneco B.V.


LipoClinic Dr. Heck GmbH


AEW Invest GmbH


Zurich Deutscher Herold Lebensversicherung AG


Ärzteversorgung Niedersachsen


Work highlights


  • Tax and regulatory advice to AEW Invest GmbH on the acquisition of real estate located in other European countries for various real estate AIFs, including the acquisition of a real estate complex in Mallorca from Banco Sabadell.

  • Tax advice to the US-based TA Associates on the acquisition of a stake in Enscape GmbH from German private equity company LEA Partners, in particular preparation of a tax due diligence with structuring assistance.

  • Tax advice to the state of Brandenburg on the development of the Lausitz model for a new kind of university medicine.

Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP  focuses on tax advice on PE and M&A transactions and restructurings, as well as on tax disputes, resulting in regular instructions related to asset deals, closed funds structuring and tax due diligence. Accordingly, practice head Tobias Geerling also has many years of experience in assisting with tax-efficient structuring of transactions and funds as well as with restructuring.

Practice head(s):

Tobias Geerling


Other key lawyers:

Benjamin Rapp


Key clients

Advent International


Lone Star Funds


KKR


Corestate Capital Holding S.A.


Genstar Capital/Arrowhead Engineered Products


Elevate Brands


Dstny Group


TCV


Corsair


Joint Special Administrators of MF Global UK Ltd.


Work highlights


  • Tax advice to Lone Star on the sale of MBCC Group to Sika.

  • Tax advice to Corestate Capital Holding SA as part of the successful implementation of an extensive restructuring concept.

  • Cross-border tax advice for e-commerce aggregator Elevate Brands on its acquisition by SellerX.

White & Case LLP

White & Case LLP's German tax practice draws on its international network to advise national and international players from the real estate, financial services and energy sectors, among others; In this constellation, the group assists with corporate taxation and tax law issues that arise in connection with structured and asset-based financing as well as with cross-border M&A transactions. Practice head Bodo Bender also focuses on tax transaction advice. This is complemented by expertise in tax disputes.

Practice head(s):

Bodo Bender


Other key lawyers:

Tim Bracksiek


Key clients

Adler Group S.A.


Athena Consumer Acquisition Corp.


E.ON


Faurecia


Ecobat Technologies


wefox


EnBW Energie Baden-Württemberg AG


Enpal B.V.


FNZ


Grupa Pracuj


Rollic Games


Toyota Industries Corporation


Zalando


Nestlé


Battery Ventures


AGIC Capital


KAP


Pollen Street Capital


WestView


Nordic Capital


Qatar Investment Authority


Work highlights


  • Tax advice to the Qatar Investment Authority and the group companies it controls on investments in Germany (including Volkswagen, Porsche, Hapag-Lloyd) and on ongoing tax matters.

  • Advising Adler Group SA and its subsidiaries on corporate, capital market and tax law on a major restructuring in Europe.

  • Advising Athena Consumer Acquisition Corp. on its merger with Next.e.GO Mobile SE, with the combined company valued at approximately $913 million.