The Sky is the Limit The British press, government, business and public were up in arms and not so quietly indignant the other week when the US Department of Commerce imposed punitive tariffs of 219 per cent on Bombardier C-Series aircraft as a result of a preliminary ruling by the US International Trade Commission (USITC). …
The legal issues relating to heritage assets – including historic houses and gardens, surrounding land, works of art and other contents, and the funds to support them – demand a range of specialist knowledge and negotiation skills that only come with frequent application and practice.
In particular, the taxation treatment of heritage assets is both highly complex and very different from that of other assets, and expertise in this area is essential in helping clients to plan for the future in a way which is both practical and tax-effective.
We deal with such issues more frequently than many of our competitors and our Heritage Assets team has developed expertise, professional connections and influence that will help clients through this difficult area.
Heritage issues are of immediate personal importance to the owners involved and have a very real impact upon them; they may also be of great interest to the wider community, including bodies with a particular focus on these matters, and the team places great importance on all these factors in framing its advice.