Do You Need to Make Changes to Your UK LLP Agreement?

By Steven Whittaker and Nicholas Fagge, Schulte Roth & Zabel LLP   Background In May 2013, HM Revenue and Customs (“HMRC”) consulted on proposals in two areas to tackle perceived tax avoidance via partnerships. The first area was disguised employment in Limited Liability Partnerships (“LLPs”) and the second was the tax-motivated allocation of business profits […] Read more »