Brattle principals consulted, as experts, for a foreign tax authority investigating a tax avoidance scheme that relied on a complex circular flow of funding. Brattle analyzed the vehicles used in the circular flow, which involved simultaneous debt issuance and collective trust purchases. Advice provided by Brattle on the customary corporate practice in structuring and documenting corporate subordinated debt issuances, as well as the due diligence and monitoring of purchased interests in a collective trust, enabled the tax authority to achieve a favorable tax settlement.
Industry Custom and Practice– Overview – Anti-Money Laundering – Bank Regulation – Commercial Lending – Financial Services Risk Management Processes – Investment Management Valuation, Due Diligence, and Disclosure Practices – Market Trading Activities – Mortgage Banking / Securitization – Suitability – The Duties and Responsibilities of Broker Dealers – The Duties and Responsibilities of Hedge Fund Administrators – The Duties and Responsibilities of Securities Custodians
Complex business and legal matters require intellectually honest and analytically rigorous solutions that are thoughtfully developed and clearly communicated. We apply economic and finance principles with uncompromising quality to achieve clarity in the face of complexity. Independent analysis, responsive execution, and compelling presentation. That’s Brattle. That’s the Power of Economics.