Freshfields Bruckhaus Deringer has won the mandate to advise FTSE 100 plumbing and heating group Wolseley on its relocation to Switzerland for tax reasons. The magic circle firm advised the longstanding client on the move after the company failed to obtain a "clear enough view" from the coalition Government on its plans with regard to the UK's corporation tax regime.
October 06, 2010 at 04:39 AM
1 minute read
The original version of this story was published on Legalweek
Magic circle firm acts as FTSE 100 group abandons UK tax residence
Freshfields Bruckhaus Deringer has won the mandate to advise FTSE 100 plumbing and heating group Wolseley on its relocation to Switzerland for tax reasons.
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