| Call 2013
Profile: Partnership and Joint Ventures
Nick has experience of advising on partnership issues. He has a particular familiarity with LLPs and their taxation, having been involved in various complex and high value tax avoidance cases involving claims for sideways loss relief in relation to losses purportedly incurred by LLPs.
Representative instructions include:
- Acornwood LLP and others v HMRC  UKUT 0361 (TCC) – appeal to the Upper Tribunal (Tax and Chancery Chamber) (Nugee J) concerning the proper tax treatment of payments made by “Icebreaker” LLPs involved in the creative industries where the amount at stake is c. £336m (led by Jonathan Davey QC)
- Ingenious Games LLP and others v HMRC  UKFTT 0521 (TC) – £1bn dispute before the First-tier Tribunal (Tax) concerning the correct commercial and tax analysis of the activities of various LLPs involved in the film and games industries (led by Malcolm Gammie CBE QC)