Consulco has experience of international work beyond the traditional Russian-CIS markets for Cypriot tax advisers. Rutger Kriek, for example, who heads the tax practice, is a native of the Netherlands.The group comprises three partners and 13 fee earners. ...
[more]
Consulco has experience of international work beyond the traditional Russian-CIS markets for Cypriot tax advisers. Rutger Kriek, for example, who heads the tax practice, is a native of the Netherlands.The group comprises three partners and 13 fee earners. Constantinos Demetriou heads the tax compliance department.
The value and scope of the work Consulco has been involved in has grown this year in line with the firm's development over recent years. The group acted for Prosafe, a service-rig operating company, on an interest swap agreement in a deal worth $800 million where a third-market party took over the exposure to LIBOR.
Kriek is doing the Cypriot work for NASDAQ-listed company with a market capitalisation of more than $1 billion, where RSM McGladrey are the company's principal tax advisers. in their capacity as advisers to a. This matter is not yet over and involves the sale of shares in a British Virgin Islands company that had a lot of exposure to Indian assets. A demerger is seen as the only viable way of avoiding tax leakage after the Vodafone ruling.
[hide]