Lawyer finder

Anne Fairpo

Of counsel
Anne Fairpo

I am a director in the Corporate group's Tax team, providing advice on corporate finance and real estate funds structuring. I also work closely with the IP team, advising on taxation in relation to intellectual property issues.

Tel: +44 (0)20 7864 9554

Email: anne_fairpo@wragge.com

Best brains in ...

The taxation of IP, including licensing, M&A and tax structuring, as well as international tax planning, general corporate tax structuring and transactional work. I also have particular expertise in advising US companies expanding into the EU.

Highlight of your career so far...

Certainly the deal that was the most fun to do involved the expansion of the subsidiary of a US company into Europe and Australia. I led and completed the structuring of the transaction, which involved some complex pieces of VAT work. There was a great chemistry among the members of the team, while the work dealt with a technically unusual area of VAT. I always enjoy transactions where information and precedents are not easy to come by, combined with the challenge of finding creative solutions.

Most challenging job you've ever done...

While many jobs are challenging for different reasons, the most technically complex piece of work I advised on involved a NYSE-listed company fund set up by a New York bank. Extremely technical in terms of the taxation issues, it centred on real black letter law. The added pressure was a 24-hour deadline to sort out all the issues.

What about outside the UK?

A lot of my work involves an international element, particularly since many of the sectors I specialise in (computer hardware and software, as well as telecoms) tend to be based in the US. International deals require careful handling – it's crucial to be aware of the balance between the law and the practicalities of how things are likely to be dealt with. My best example involved an internal reorganisation for a large, multi-national organisation. With forty jurisdictions and different IP issues in each of these, it required a complete handle on the issues at all times.

What's your definition of going the extra mile?

When one of my US clients came to London for the first time, he expressed severe reservations about the reputation of our nation's food. To put his mind at rest, and out of a patriotic inclination, I put together a list of all the decent restaurants the capital has to offer. This included some established haunts, as well as my personal, lesser-known favourites!

Best example of a creative legal solution?

Without giving away the secrets, my creative solutions are all about striking a balance. They tend to be creative enough to achieve what a client wants, but not so creative that they attract the attention of Inland Revenue!

When have you ever given a client a real competitive edge?

I start from the commercial perspective, and then work backwards from there to figure out how the tax law will fit. In this way, I am more able to deliver what the client would like to achieve. When advising a US subsidiary expanding into the UK, my advice had to consider the additional implications of the roll-out of the company's US technology in the UK. Compliance with VAT in the UK, and how to minimise this in order for the business to operate, presented a challenge. Skill in this area, combined with the ability to explain and resolve the issues, helped to deliver the right commercial position for the client to carry on its business.

What's your single greatest contribution to Wragge & Co's corporate responsibility?

I'm a new arrival at the firm but I hope to contribute in many ways. I run a lot of marathons for charity, with my current training efforts focused on the New York marathon. Pro bono work is a real passion of mine. For the last few years I have been undertaking voluntary tax advice to the lower paid and underprivileged for a charity called Tax Aid. I get a real sense of personal gratification from this type of work. People walk into my office really stressed about a particular problem and usually leave with a great sense of relief. 

Alerts

18.08.09

Looking to raise some cash? Against IP?

To the surprise of many, Morgan Stanley has just announced a new US$250 million intellectual property securitisation for Vertex Pharmaceuticals, a large US bio-tech company.

20.04.09

IP or no IP? Is that the question?

With asset values on the whole diminishing, a number of funders are revisiting their corporate loan portfolios to examine their security packages, both in relation to valuation and enforceability. Are lenders as secure as they thought?

23.03.09

Are you getting maximum bang for your IP buck?

Intangible assets, of which Intellectual Property (IP) is often the most significant, represent more than 50% of the value of most companies. But these assets are coming under increased scrutiny.

23.02.09

To buy or not to buy - when is the question

The headlines can make it feel as though hanging on for dear life is the only thing left to do in this economy. However, the same economic cycle that's brought us to this point can bring up some useful opportunities for those that spot them.

23.02.09

To buy or not to buy - when is the question

The headlines can make it feel as though hanging on for dear life is the only thing left to do in this economy. However, the same economic cycle that's brought us to this point can bring up some useful opportunities for those that spot them.

13.02.09

Something for nothing... and your dividends for free

Practical tips for action to take from Wragge & Co's Tax team: get something for nothing and your dividends for free.

05.02.09

Research & Development tax credits - can you make or defend a claim?

The Research & Development (R&D) tax credits help companies to invest more in R&D either by reducing a company's tax bill or, for some loss-making small or medium sized companies (SMEs), by providing a cash sum.

05.02.09

Employees: to employ or not to employ? And should we all be making sacrifices now?

The headlines can make it feel as though hanging on for dear life is the only thing left to do in this economy: however, the same economic cycle that's brought us to this point can bring up some useful opportunities for those that spot them.

02.02.09

Reclaiming tax from the Netherlands

UK pension funds which received dividends from Dutch companies on or before 31 December 2006 can now reclaim tax that was withheld on those dividends by the Netherlands tax authorities - claims will be possible for tax withheld as far back as 2003.

29.01.09

When the going gets tough, the taxman gets tougher

Tips for action to take from Wragge & Co's Tax team to help businesses prepare for HMRC's tough tactics.

23.01.09

HMRC cashback

The headlines can make it feel as though hanging on for dear life is the only thing left to do in this economy. However, the same economic cycle that's brought us to this point can bring up some useful opportunities for those that spot them.

15.01.09

Planning for an upturn

The Wragge & Co Tax team tips for making the most of tax opportunities now and preparing for when the upturn comes.

01.05.08

Relocation, relocation

Will the last company to leave the UK please turn the lights out?  The news that United Business Media (UBM) is planning to follow Shire Pharmaceuticals out of the UK might be raising some questions in government at the moment.

15.04.08

VAT on electronic services - the rules are changing

The rules on charging VAT on electronic services are changing.

 

Press releases

17.11.08

Wragge & Co advises on pioneering low-carbon technology deal

Wragge & Co LLP's Projects and Corporate teams have advised process engineering provider Greenfinch Ltd on its merger with BIOGEN (UK) Ltd. The newly created BiogenGreenfinch will deliver a fully integrated anaerobic digestion solutions.

19.03.08

Wragge & Co's Tax team expands

Wragge & Co LLP has boosted its tax capability with the appointment of Anne Fairpo as a director. The appointment strengthens the firm's tax credentials and enhances its full-service capability for corporate finance.

 

Published articles

There are currently no published articles for Anne Fairpo.

 

Search for lawyer