ITR Awards 2021 – “Tax Firm of the Year”
Koutalidis Law Firm Tax Practice is once again recognized for its first-rate tax advice by winning the “Tax Firm of the Year” in Greece award at the International Tax Review’s (ITR) EMEA Tax Awards 2021.
Commenting on this award, Dr. George Naskaris, Head of our Tax Department, said:
“We continuously invest upon building our people and their experience and this has brought one more award. Last year we have focused on supporting our clients across the country and abroad without the benefit of in-person meetings, which was an additional challenge alone. We are honored to be named ‘Tax Law Firm of the Year’, a true recognition of the breadth and quality of our Tax Practice in Greece.”
The International Tax Review EMEA Tax Awards recognizes leading law firms and professional service firms for their excellence in providing tax advice to businesses in the region of Europe, the Middle East, and Africa. Nominees are carefully selected based on the complexity and overall quality of their tax advice and following careful market research and feedback.
ITR Awards Research Team said of Koutalidis Law Firm’s win:
Koutalidis Law Firm had led the way for tax advice and work in Greece throughout 2020. The firm advised on some of the most complex tax issues arising within the banking and finance sector.
Koutalidis Law Firm has been advising Alpha Bank on all the tax matters regarding the its demerger and creation of a new banking entity. The firm assisted Alpha Bank on the ongoing legal and tax matters, as well as the strategic planning and all work related to the necessary procedural steps for ensuring the completion of the demerger.
The firm took a leading role as Grecian legal advisers in the largest bond issuances in the Greek market. Koutalidis Law Firm advised the Joint Lead Managers of the Hellenic Republic bond offerings throughout 2020. The firm provided top shelf tax advice, including compliance and reporting with respect to tax law matters for the collective €12 billion issuances. Koutalidis Law Firm also advised Alpha Bank on matters of Greek tax law in respect of the supplement to the banks’s EMTN programme and landmark €500 million subordinated bond offering. The firm’s work included updating the taxation section of the base prospectus, as well as support on drafting and commenting on contractual documents.
Whether advising on tax issues pertaining to corporate make up or on some of the largest debt capital markets offerings in Greece, Koutalidis Law Firm has exhibited leadership on tax advice.
ITR Awards research lead John Harrison said: “We are delighted to be able to present the winners of the 17th annual ITR EMEA Tax Awards. It is unfortunate that we must host the awards virtually, however it is important to note that we have remained committed to recognising the achievements and top work in tax from across the region.
We have seen a great deal of strong and impactful work by tax practitioners this year – which is all the more impressive with having to adapt to new ways of working and helping clients throughout the pandemic. We believe it is of the utmost importance to highlight these achievements. We are hopeful that we will be able to celebrate with the nominees and winners in person next year.”