Media Mentions
2007
Peter Nias was quoted in an April 12 article on Times online that discussed the increasing pressures senior lawyers are facing due to keen competition and technology. "There's an expectation with e-mail that once you've pressed send, [the lawyer] is there to receive it," Mr. Nias said.
Peter Nias was listed on The Times Law Panel of 100 lawyers published on January 16. The Law Panel is set to boost the legal coverage in the paper and serve as a sounding board for issues and the centerpiece of The Times' online law section.
Peter M.W. Nias, London, Tax, Tax - London
2006
Peter Nias was quoted in the October 1 issue of International Tax Review on the negative impact of the British tax authority’s anti-arbitrage initiative on the certainty of advice he can give business clients.
Peter M.W. Nias, International Tax, London, Tax, Tax - London
Fred Chilton, Peter Faber, Jerry Kaplan, Peter Nias, Arndt Raupach, James Riedy, Art Rosen and Lowell Yoder were recommended in the Cross-border Tax on Corporate Transactions: PLC Which Lawyer Handbook published by Practical Law Company. McDermott was highly recommended.
Frederick Chilton, Peter L. Faber, Jared Kaplan, Peter M.W. Nias, Arndt Raupach, James A. Riedy PC, Arthur R. Rosen, Lowell D. Yoder, Germany, International, International Tax, London, Tax, Tax - Germany, Tax - London
2005
Peter Nias was quoted in the September issue of Tax Business in relation to concerns in the UK over what is meant by Her Majesty's Revenue and Custom's criterion of "gaining a tax advantage" and to what extent tax minimization is a "proper commercial purpose" as this year's deadline for declaring suspect transaction draws closer.
Peter M.W. Nias, London, Tax, Tax - London
Peter Nias was quoted in the May 2005 issue of the International Tax Review in an article that discusses a protracted legal wrangle between Marks & Spencer retailers and the UK government for cross-border group relief within the EU. The M&S case is leading the way on this issue, but there are more than 60 other companies making similar claims. "There needs to be some dialogue. The UK may be an island and drive on the left, but it is still part of the EU. The government should anticipate the judgment going against them and work out how best to become compliant and remain competitive at the same time," Mr. Nias said.
Peter M.W. Nias, London, Tax, Tax - London
2003
Peter Nias was quoted in the Financial Times on February 17 in regard to a recent ruling of the European Court of Justice (ECJ) which found discriminatory and unlawful the thin capitalization rules in the German tax code that could at best give UK businesses a timely cash boost or worse increase bureaucracy and taxes. Mr. Nias commented that the ECJ decision could potentially have a similar impact in the UK (and in all EU countries) and if the UK thin capitalization rules are held to be discriminatory and unlawful it could result in UK subsidiaries of multinational companies financed by an EU affiliate looking to the Inland Revenue for redress if part of their interest expense was disallowed or an amount of loss carried forward was reduced.
Peter M.W. Nias, International Tax, London, Tax, Tax - London
2002
Peter Nias was quoted in the May 6 issue of the New York Law Journal and the May 10 issue of Corporate Counsel in regard to Europe’s lack of a unified tax system. According to Mr. Nias, a piecemeal approach will eventually succeed, "There’s momentum building. One day, multinational corporations will wake up and say: ‘So, really we’re now all harmonized.’ One day we’ll just realize it’s happened."
Peter M.W. Nias, International Tax, London, Tax, Tax - London
2001
Peter Nias was mentioned in the May 17 issue of Taxation in an article written by colleague Malcolm Gunnftii, regarding forward contracts with the revenue for lump sum tax payments in respect of future remittances. Mr. Gunnftii credited Peter as "one of the early architects of the agreements."