Real Estate Tax
In the context of real estate transactions, we advise purchasers, sellers, landlords, tenants, developers, funders, and managers on all aspects of the structuring, purchase, financing, leasing, development, holding and sale of Irish real estate. We advise builders and developers across all stages of the development life cycle, whether that be advising on the tax aspects of funding and real estate acquisition or advising on how best to structure the return for investors in the development. We advise investors (both professional and private, including real estate purchasers and loan portfolio purchasers), syndicate organisers, and lenders. We advise lenders on the work-out of real estate loans and review tax papers prepared by borrowers in relation to new borrowings, re-financings and group structures / reorganisations. We also offer advice regarding tax structures that have been put in place in respect of specific real estate transactions. Examples include capital allowances based transactions for hotels, student accommodation and hospitals and the complex issues that have arisen with such structures in enforcement scenarios in recent years.
Tax is often a key part of the cost structure for a real estate investment or development and our clients seek to manage this cost carefully, through appropriate planning and strategic negotiation with counterparties. Our advice includes identifying optimum structuring options for the acquisition, development and financing of real estate, the negotiation of the tax aspects of real estate transactions, analysing the stamp duty implications of real estate transactions and providing ongoing compliance advice in relation to real estate investments.
Working closely with our Commercial Real Estate and Finance and Capital Markets colleagues, we consistently act on the most high profile and significant real estate transactions in Ireland. In doing so, we take time to learn about the business, values and objectives of our clients. Our experience of running sophisticated transactions, our in-depth knowledge of the market in which we operate and our strategic and innovative approach to developing legal structures and solutions place us in the best position to assist our clients in achieving their business objectives.