Chapman Tripp is New Zealand’s top tax firm, according to the latest International Tax Review Asia Awards.
The leading law firm was named New Zealand Tax Firm of the Year at a function held in Singapore last Thursday.
Chapman Tripp’s head of tax Graeme Olding said the practice – and the wider firm – was extremely proud of the achievement, which reflected the team’s ability to assist clients to navigate complex tax environments and significant deals.
“Our clients include some of New Zealand’s largest companies – as well as multinationals – who draw on our team’s expertise in complicated tax problems for all points of any transaction cycle.
“This award reflects some of the excellent work our clients and lawyers have been doing on deals such as advising CBA, ANZ, BNZ and Westpac on tax-related aspects of the restructuring and recapitalisation of Solid Energy, on Westpac Banking Corporation’s issue of tier 2 regulatory capital in NZ (being $400m ten-year, unsecured, subordinated fixed-rate notes), and NZ Post’s sale of 47% of Kiwibank to the New Zealand Superannuation Fund and the ACC for $494m.”
Chapman Tripp tax lawyers assist clients on the full spectrum of commercial activities, Olding said.
“Multinationals often use our M&A tax team to help them navigate both domestic and cross-border mergers and acquisitions, but the practice is also experienced in tax due diligence reviews, acting in IPO transactions, acting from a warranty and indemnity insurers’ perspective, as well as working in high profile tax policy work.”
Other nominees included law firms Bell Gully and Russell McVeagh, and accounting firms Deloitte, EY, KPMG and PwC.