David Blumenthal

Full Profile

David qualified as a solicitor in 1996.

Since then, he has advised on the tax aspects of:

• mergers, acquisitions, disposals and joint venture structures; 
• loan facilities, bonds, structured financings, derivatives, equity investments; 
• real estate sales, lettings, and developments (SDLT, VAT, Capital Allowances, Construction Industry Scheme);

In recent years, David has developed a particular expertise in:

• employment tax and employee incentives – EMIs, SAYEs, CSOPs, SIPs, LTIPs – and residence issues and inheritance tax;
• general insurance and life insurance tax;
• oil and gas tax and tonnage tax.

He has also taken tax cases to the Tax Tribunal and negotiated and agreed settlements with HMRC on behalf of clients.

David has published articles in the Tax Journal and Taxation, contributed to leading tax textbooks, been quoted in the Financial Times, the Daily Telegraph, City AM and Reuters and appeared on BBC Business Live to discuss the EU tax plan. He has been a member of the Committee of the British Branch of the International Fiscal Association and a member of the Law Society International Tax Sub-Committee.  

Recommended in Chambers as a “Leading Individual” in Tax for his “technical yet commercial” approach.

Experience

• Advised Hong Kong property group on its acquisition of UK commercial property.
• Advised UK Oil Company on establishing a Long-Term Incentive Plan.
• Advised UK insurer on merits of professional negligence case involving tax planning advice.
• Advised UK construction firm on a major development in Southeast England.
• Advised US airline operating in London on Air Passenger Duty.
• Advised international conglomerate on their UK Landfill Tax strategy.
• Advising US shipping company on UK oil and gas issues.