Robert E. Gaut
Partner
Robert Gaut is a tax partner and head of our UK tax practice in London.
He has represented many of the world’s preeminent multinational corporations, sovereign wealth funds, investment banks and private equity funds on a full range of UK and international tax strategies relating to inbound and outbound transactions, capital markets offerings, establishment of investment funds and financing matters.
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Welcome to the August edition of the Proskauer UK Tax Round Up. Not unexpectedly, August has been a quiet month with just a couple of interesting developments. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
The proposed amendment to entrepreneurs’ relief (“ER”) in Finance Bill 2019 is designed to address one of the outstanding issues with the current law when dilution of a company results in the loss of ER. Under the current rules, a shareholder who has held, for at least 12 months prior to disposal, at least 5% … Continue Reading
On 6 July 2018 the UK Finance Bill 2019 was published by the UK Government. The draft Finance Bill contains the details of the new regime on taxation of non-UK resident investors in UK real estate that had been proposed in a consultation by HMRC following the November 2017 Budget (see Proskauer Tax Talks blog … Continue Reading
Welcome to the July edition of the Proskauer UK Tax Round Up. It has been a busy month with both the draft Finance Bill 2018-19 being published and various interesting cases being reported. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the May edition of the Proskauer UK Tax Round Up. This month we saw Advocate Generals’ opinions in two European Court VAT cases with UK implications and welcome European Commission State Aid approval for EMI option schemes which had expired. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the June edition of the Proskauer UK Tax Round Up. The last month has been relatively quiet in terms of new announcements and developments. We expect more activity over the next few weeks as the draft Finance (No.3) Bill will be published on 6 July 2018. Please view this month’s issue of the … Continue Reading
Welcome to the March edition of the Proskauer UK Tax Round Up. As promised, the Spring Statement from the Chancellor focused on the economy and public finances without any major tax announcements. However, a few interesting consultation and position papers were published. We have summarised these below along with a handful of other developments since … Continue Reading
Welcome to the February edition of the Proskauer UK Tax Round Up. Although there have been no major developments since our last issue there have been several interesting cases published. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the January 2018 edition of the Proskauer UK Tax Round Up. This month has been fairly quiet from a tax perspective, which provides a welcome respite from the busy end to 2017. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the December 2017 edition of the Proskauer UK Tax Round Up. There have been many announcements and publications this month, largely a result of the Autumn Budget and publication of the Finance (No. 2) Bill 2017-19. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
The UK Government has announced in today’s Budget (22 November) that it is launching a consultation on extending the scope of UK tax on real estate. Currently, non-UK residents who are investors in UK land and buildings are outside the scope of UK tax on gains on commercial property. They pay income tax on the … Continue Reading
Welcome to the November 2017 edition of the Proskauer UK Tax Round Up. The past month has seen a major case on interest finalised before the Supreme Court as well as some interesting proposals for the simplifications of the laws on VAT. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the October 2017 edition of the Proskauer UK Tax Round Up. The past month has been a number of interesting case decisions among other developments. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Welcome to the September 2017 edition of the Proskauer UK Tax Round Up. Since our last edition, the Finance (No 2) Bill has been published and started its passage through the House of Commons, draft legislation for inclusion in next year’s Finance Bill has been published and the date for the first Autumn budget has … Continue Reading
The Upper Tribunal (Tax and Chancery Chamber), the UK’s second level tax appeal court, have just published their judgement in the McQuillan case, which considered whether shares with no right to dividends or any other profits are or are not “ordinary share capital” (OSC) for UK tax purposes. There are a number of UK tax … Continue Reading
Background As mentioned in our July 2017 edition of UK Tax Round Up, the UK has enacted a new corporate criminal offence of failing to prevent the facilitation of tax evasion. The law comes into effect on 30th September 2017, and businesses should ensure that they have considered its impact before then. A risk assessment … Continue Reading
The summer break means that we are still waiting for the new Parliament’s drafts of the Customs, National Insurance Contributions and Finance (No 2) Bills discussed in the July 2017 edition although the timeline for the Finance (No 2) Bill has now been clarified. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
It has been another relatively quiet month from a tax perspective as we continue to wait for the Summer Finance Bill, the first Finance Bill of the new Parliament, to be published. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
Following the UK general election on 8 June 2017, at which Theresa May’s Conservative party won the largest number of seats but lost its overall majority, the Queen’s Speech setting out the now minority Conservative government’s legislative programme for the next two years was delivered on 21 June 2017 at the state opening of Parliament. … Continue Reading
This month has been quiet from a tax perspective as a number of significant tax measures planned for inclusion in the first Finance Act 2017 were put on hold until after the general election. We will report on their progress in future editions. Please view this month’s issue of the UK Tax Round Up.… Continue Reading
The previous month has been dominated by politics, with an announcement of a snap general election leading to postponement of many proposals in draft legislation. This month’s edition of the UK Tax Round Up discusses how certain provisions of the draft legislation could be impacted by the election, among other issues.… Continue Reading
In our previous post published on 6 December 2016 we described the OECD’s BEPS Project in the context of the publishing of the draft Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the “Convention”). One area that the OECD has itself acknowledged requires further consideration is in relation … Continue Reading
The Proskauer Tax Department is pleased to announce that Stephen Pevsner has joined as a partner in our London office. Stephen’s practice focuses on UK and international M&A and private equity transactions, corporate reorganizations, and new business formations. Offering a broad range of corporate tax strategy experience, his clients include global corporations, investment banks, and … Continue Reading
The Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (the “Convention”) was released by the Organisation for Economic Co-operation and Development (“OECD”) on November 24, 2016. The Convention is the latest in an ongoing series of releases related to the OECD/G20 Project addressing Base Erosion and Profit Shifting … Continue Reading
UK Tax Round Up: August 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
Finance Bill 2019 – Proposed relaxation of entrepreneurs’ relief rules
By Robert E. Gaut and Rebecca Wallis on Posted in UK Tax
UK Finance Bill 2019 published – UK commercial property tax regime for non-resident investors to change, but some relief for trading businesses
By Daniella Abel and Robert E. Gaut on Posted in UK Tax
UK Tax Round Up: July 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: May 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in Corporate Taxation, International Taxation, UK Tax
UK Tax Round Up: June 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: March 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in Corporate tax, International Taxation, UK Tax
UK Tax Round Up: February 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: January 2018
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: December 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
Major Changes Proposed to UK Tax Regime for Non-resident Investors in UK Commercial Property
By Robert E. Gaut and Stephen Pevsner on Posted in Real Estate, UK Tax
UK Tax Round Up: November 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in U.S. Legislation, UK Tax
UK Tax Round Up: October 2017
UK Tax Round Up: September 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
Zero Dividend Shares are Ordinary Share Capital
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
Failure to Prevent the Facilitation of Tax Evasion: New United Kingdom Corporate Criminal Offence
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in Compliance, UK Tax
UK Tax Round Up: August 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: July 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
Conservative Legislative Agenda Set Out in Queen’s Speech
By Robert E. Gaut and Richard Miller on Posted in UK Tax
UK Tax Round Up: June 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
UK Tax Round Up: May 2017
By Catherine Sear, Robert E. Gaut and Stephen Pevsner on Posted in UK Tax
BEPS: Update on Action 6 on Treaty Benefits
By Robert E. Gaut and Richard Miller on Posted in Base Erosion and Profit Shifting, International Taxation
Proskauer Bolsters International Tax Practice with Addition of Stephen Pevsner in London
By Robert E. Gaut on Posted in Proskauer Tax Department Announcements
