In The Press November 09, 2020

Will the UK Axe Private Equity Tax Break Worth Millions? (Financial Times)

Jonathan Blake was only 32 years old at the time, but the meeting the lawyer held with a senior British Treasury minister in 1987 has helped create more millionaires than the UK’s National Lottery. At issue was a complex structure that Mr. Blake had designed to allow the fledgling private equity industry to set up funds in the UK without losing the low-tax treatment it had until then enjoyed offshore. Goodwin’s Tax and Private Investment Funds partner Laura Charkin describes how governments are trying to attract the funds industry as a whole. Read the Financial Times article here.