France



World Tax Reviews

Tax
Addleshaw Goddard

The international law firm has bolstered its tax practice with the appointment of tax partner Gwenaël Kropfinger, who joined the firm from DLA Piper in December 2022. During the research period the tax tea advised several private equity firms on the tax structuring of their transactions covering small to mid-cap size deals on the sell side.

Arsene Taxand

The independent law firm has a solely dedicated tax legal practice specialising in all tax matters, contentious and advisory. The firm is the founder of the international network Taxand. With more than 25 partners, managing partner Andres Denis leads the team of experienced practitioners spanning across all tax domains including transfer pricing. At beginning of the third quarter 2022, the firm provided transactional tax advice to private equity firm Ardian on its 450 million acquisition for majority stake (70%) in the 53,000 square meter Pointe Amont de l'Île Seguin project in Paris’ suburbs.

Client feedback

'Very accurate, smart, and clear.'

'Business-oriented, deal-makers, and solution finders.'

'Arsene's tax team is very qualified and very reactive.
Their network allows them to be able to give adequate answers to all issues we can have.
They are the best tax advisers we met.' 

'Great deal makers and great ability to understand our business.' 

Baker McKenzie

International law firm Baker McKenzie has a large tax practice consisting of more than 40 tax professionals with 6 tax partners providing full tax services. The team is experienced in advising private clients, MNEs, and institutional clients on local and international tax issues. The practice is also skilled in advising on the tax implications of compensation packages for employees and executives. The tax practice gained a new partner in the form of Charles Baudoin following his promotion in mid-2022. In the same period, the tax team assisted media company Critea on the tax aspects regarding the $380 million acquisition of IPONWEB, a market leading AdTech company. 

Bredin Prat

The full-service law firm Bredin Prat assists clients on tax compliance issues and represents clients in tax disputes before the tax authorities and up to the Supreme Court. Indeed, the firm specialises in all tax aspects of M&A, including litigation. With more than 20 lawyers, including six partners, tax partner Yves Rutschmann oversees the practice. 

Case studies show the tax practice is advising energy company EDF on the tax implication in connection with the French state acquisition offer and the clients share capital increase for more than 3.1 billion.

CWA

The Morrocan law firm is part of CWA Maghreb, a network of corporate law and legal advisory firms across North Africa. The Team consists of three practitioners led by Cedric Maheo (head of transfer pricing) and has five main services offering: transfer pricing structuring, compliance, tax audit support, foreign exchange audits, and training courses.

Dechert

Dechert’s tax practice has extensive experience in transactional tax matters, specialising in complex tax structuring, LBO deals and cross-border transactions. The practice has a broad range of clients including conglomerate group companies, private equity firms, family offices, asset managers etc. Tax partner Sabina Comis leads the practice.

Deloitte Société d’Avocats

The Big Four firm offers a comprehensive tax service with one of the largest tax departments in France, comprising a varied team of practitioners with backgrounds in law, economics, computer science, and engineering. The firm has in-depth experience advising 85% of of the CAC 40 companies operating across many industries such as financials services, life science and healthcare, consumer goods, energy, technology and more. Managing partner Sophie Blégent-Delapille leads the team of partners including the following: Thomas Perrin, Lucille Chabanel, Vanessa Irigoyen, Christina Melady, Arnaud Mourier, and Grégoire de Vogüé.

Client feedback

'Very well experienced team with pragmatic solutions and deal focused advisory.'

'Very reactive and sometimes proactive on some topics.' 

Dentons

The multinational law firm has experience assisting clients in all tax areas, whether contentious or non-contentious. The tax team led by three tax partners and litigators, combines a breadth of experience in tax dispute, more specifically in the pharmaceutical industry. With most of the work involving cross-border transactions, the tax practice has gained experience in various market sectors including luxury and cosmetic, insurance and biotechnology. In July 2022, the team gained a new partner in the form of Laurence Clot, who joined from Bird & Bird. 

One of the case study presented describes the tax practice advising distribution group company ITM Group on the tax implications of their transactions in France, including setting up a billion-Euro renewable energy fund and the acquisition of a real estate portfolio.

Client feedback

'They are very proactive, strong technically, and knowledgeable about the workings of the system in France with a global outlook.'

'They have been efficient. The result was good on difficult matters.'

'clear, active, and knowledgeable.'

DLA Piper

The international law firm provides a one-stop-shop tax service to a range of clients including SME and large-cap companies. The French team of 10 lawyers (including 3 partners: Fanny Combourieu, Raphaël Béra, and Antoine Faure) has more than 20 years of experience working together following their departure from law firms King & Wood Mallesons and CMS.

DS Avocats

The established French law firm has a vast international network across Europe, Asia, Africa and North and South America, comprising 24 offices. The French tax team is led by tax partners Christophe Billet and Jean-Claude Drié. Some of the areas the practice has tax expertise in are international tax, property tax, transfer pricing, and dispute resolution.

Client feedback

'Focuses on solving problems.' 

EY

The Big Four firm has one of the largest tax departments offering a full-tax service, covering areas such as strategic tax planning, dispute resolution, transactional tax, indirect, private client and more. Managing partner Lionel Benant leads the tax practice, which is supported by tax partners heading their separate tax departments. From September 2022 to March 2023, the firm recruited several tax partners in the form of Arnaud Sage, Maxim Maximov, Elfie Ossard-Quintaine, and Chaïd Dali-Ali. On the other hand, tax partners Benoit Gabelle, Jean Baptiste Redor, and Alexis Popov departed the firm in June 2022 and the latter in December 2022.

Freshfields Bruckhaus Deringer

The full-service international law firm offers its range of clients (SME to large cap companies) tax support in contentious and non-contentious matters. Indeed, the tax practice has expertise in transactional tax, particularly on M&A, private equity, infrastructure, and more. Tax partner Cyril Valentin heads the tax department where managing partner Vincent Daniel-Mayeur oversees the Paris office.

Client feedback

'Freshfields' team was instrumental in the corporate set up of our platform and various JVs over the past years. They have demonstrated strong agility in providing tailor-made advice best serving our commercial needs. Very innovative approach allowing us to create a true edge versus our competitors.'

Gibson Dunn & Crutcher

The multinational law firm’s French tax practice offers a variety of services with experience advising domestic and international corporate clients, and investment funds, on transactions such as M&A, restructuring, real estate and more. Tax legal services include representing clients in contentious cases before the tax authority and court of law.  

During the second quarter of FY 2022, the tax team advised Hopps Group, an e-commerce holding group, on the tax aspects in connection to the 100% sale of Colis Privé to French shipping company CMA CGM.

HPML

The tax department has experience in advising various clients, including small and mid-cap companies and individuals, on tax compliance and in dispute matters during and post audit. The firm has gained a wealth of experience advising media companies in the broadcasting and movie space. Tax partners Philippe Rolland and Nicolas Private lead the practice.

Jeantet

The French centenarian law firm has a wealth of knowledge advising multinational companies, family offices, investment funds and private banking establishment, across a range of tax matters (contentious and non-contentious) whether its corporate tax or asset taxation. Tax partner Jacques-Henry de Bourmont leads the tax practice.  

In July 2022, the tax team advised Apollo Global Management on its 500 million investment in Air France subsidiary KLM.

Kirkland & Ellis

The multinational law firm is well experienced in advising private equity firms and financial sponsors clients on complex transactional tax issues. Tax partner Nadine Gelli leads the tax practice.

At the start of FY 2023, the tax team advised Platinum Equity on its acquisition of Imerys SA's High Temperature Solutions business for 900 million. The cross-border transaction involved 10 jurisdictions and required a substantial carve-out.

Kramer Levin

The American multinational law firm provides tax services from its local office in Paris, which focuses on M&A and financial market transactions. The team typically advise banks, brokers, funds and international and domestic companies operating in France.

LPA-CGR

LPA-CGR provides a broad tax legal service with a particular focus on transactional tax and representing clients in dispute matters. The tax practice covers all tax domains and has a dedicated real estate and private client team which are partner led. Similarly, tax partner Mathieu Selva-Roudonheads the tax department, which includes tax partners Sandra Fernandes, Bertrand Galvez and Martine Blanck-Dap. In addition, the tax practice gained a new partner in the form of Marc Veuillot who joined in July 2022.

Mayer Brown

The global law firm’s tax practice specialises in cross-border transactional tax work and dispute resolution. The firm has experience advising on tax implications for M&A, restructuring, legal reorganisation, and operational work. The firm has an extensive network with more than 100 tax lawyers globally. The tax practice is led by six tax partners.  

In July 2022, the tax practice advised investment firm CVC Capital Partners on the transactional tax issues in connection to the investment commitment agreement with France’s Ligue de Football Professionnel (LFP, the governing body). The deal was valued at 1.5 billion for the acquisition of 13.04% of the LFP’s subsidiary commercial business.  

Orrick Rambaud Martel

The global law firm’s French tax practice offers a one-stop-shop service to a variety of clients, domestic and multinational companies, across all industries. The team of seven lawyers includes tax partners Jessie Gaston, Anne-Sophie Kerfant, and Laurent Olléon, who are experts in transactional tax, general corporate tax, and tax controversy respectively.

Case studies show the tax team is advising private equity firm Ardian Infrastructure on their 1.4 billion acquisition of majority stake in energy company GreenYellow.

Client feedback

'Able to deliver the work on time and knows how to answer the customer's needs.'

'One of the most experienced tax lawyers in France when it comes to W&I advice.'

'Unique expertise in tax litigation; broad knowledge in various legal topics; close relationship with the client.'

Paul Hastings

The global law firm offers tax services with a focus on complex litigation and dispute resolution matters. The tax practice has experience assisting a variety of clients ranging from private equity firms to large-cap companies on corporate/M&A and banking and finance deals in France. Tax partners Allard de Waal and Bruno Leroy are the senior tax practitioners leading the practice.

Racine

The well-established Independent French law firm advises corporate and private clients on all tax compliance and contentious matters. The tax practice has expertise in real estate tax, transactional tax, shareholder and executive compensation, employee packages and profit sharing. Xavier Rollet and Fabrice Rymarz are the tax partners leading the team. However, in mid-2022 the firm bolstered its practice with the addition of tax partner Marc Pelletier who joins from Frenkel & Associés.

Client feedback

'Racine answers fast, and has strong technical knowledge and skills.'

Skadden Arps Slate Meagher & Flom

The American multinational law firm has a broad tax legal advisory service with expertise in transactional tax and taxation in all financing instruments. The tax practice has a wealth of knowledge advising domestic and multinational enterprises, private equity firms and private clients. Some of the recent transactional tax work concerned public and private M&A, LBOs, corporate reorganisation, structured financing, IPOs etc. Similarly, the tax team is experienced in representing clients before the tax authority and the court of law. Tax partner Thomas Perrot leads the tax practice in Paris.  

In February 2023, the tax practice assisted French automobile company Renault on restructuring its 23-year-old partnership with Nissan, an international automobile manufacture, which involved the client transferring 28.4% of its shares of Nissan into a trust.

Steering Legal

The multidisciplinary, international law firm with offices across Paris and in the provinces offers tax services on compliance and legal issues. The tax practice is led by three tax partners: Jean-François Bette, Florian Guais, and Nicolas hallais, has experience assisting a variety of clients in corporate tax and M&A.

Valoris Avocats

Independent law firm Valoris Avocats offers full tax service with a focus on international tax. The team consists of four partners and two counsels, and has experience advising on tax issues concerning investment funds, business structuring, global mobility, real estate, VAT and M&A. The firm also has offices in Strasbourg, Lyon and Paris. Tax partners Xavier Duquenne, Luc Julien-Saint-Amand, Annette Ludemann-Ober, and Guillaume Rubechi are the key tax figures at the firm.

White & Case

The firm offers a comprehensive tax service, both contentious and non-contentious advisory, for various clients such as HNWI, domestic and international companies. The tax team is experienced in consulting on domestic and cross-border tax issues with the support of its international network. Alexandre Ippolito and Estelle Philippi are the firm’s partners leading the practice. 

During the research period the tax team advised Orpea, a French elderly care service provider, on raising 1.5 billion with the Caisse des Dépots et Consignations bank financing and the structuring of the refinancing and all tax aspect concerning its refoundation plan.