Lawyers & Professionals

Firm Overview

Instead of trying to be everything to everybody, we’ve made a name for ourselves by delivering what our clients need most: in-depth, hands-on legal counsel throughout the financial services sector — and beyond.

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Firm News

There’s a lot going on at Schulte — we’re wrapping up high-profile matters, welcoming talented new lawyers, speaking on issues that affect our clients, and more.

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Pro Bono

Throughout our history, Schulte has provided comprehensive pro bono services to local and national nonprofit organizations. Today, we serve more than 50 nonprofits and work to advance a variety of social justice causes.

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Diversity, Equity and Inclusion

Inside the firm, we work hard to attract diverse, talented lawyers and encourage their career growth and advancement. And outside the office, we’re active in volunteer drives and local initiatives that support underrepresented groups.

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Alumni

If you’re a current or former Schulte lawyer, join our Alumni Network on LinkedIn to stay connected with old friends, make new contacts, and share your successes, ideas and insights.

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Social Responsibility

We take doing “good work” seriously — whether we’re talking about our high ethical standards or the way in which we foster a positive and inclusive culture for our personnel and support local communities.

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Offices

  • New York

    • 919 Third Avenue
    • New York, NY 10022
    • United States of America
      • +1 212.756.2000 Phone
      • +1 212.593.5955 Fax
  • Washington, DC

    • 901 Fifteenth Street, NW, Suite 800
    • Washington, DC 20005
    • United States of America
      • +1 202.729.7470 Phone
      • +1 202.730.4520 Fax
  • London

    • One Eagle Place
    • London SW1Y 6AF
    • United Kingdom
      • +44 (0) 20 7081 8000 Phone
      • +44 (0) 20 7081 8010 Fax

Contents

Proposals for a UK Asset Holding Company Regime

The UK government’s consultation on the possibility of introducing a new UK asset holding company regime, which would make it tax efficient for non-UK funds to use a UK investment subsidiary to hold investments, has recently concluded.

> Read more


Offshore Fund Investments in UK Real Estate

The United Kingdom’s rules for the taxation of gains realised by non-UK residents when disposing of interests in UK real estate created the possibility of an unintended tax charge for non-UK funds that are not primarily real estate funds. The government will now issue regulations to address this and exempt such funds from the tax charge in most cases.

> Read more


Changes to the UK’s Anti-Hybrid Regime

The United Kingdom’s regime for the prevention of tax mismatches arising from hybridity — of entities or instruments — has contained anomalies and unintended consequences ever since its introduction. The rules will now be revised retrospectively in a way that should mitigate some of these adverse outcomes, particularly for US managers that have established sub-adviser entities in the United Kingdom.

> Read more


A Brexit Dividend — UK Substantially Restricts DAC6 Reporting Obligations

In an unexpected development, the government has announced that, following the United Kingdom’s exit from the EU, the United Kingdom will implement the EU DAC6 tax information reporting regime for taxpayers and intermediaries in such a way that cross-border transactions will be reportable only in very exceptional cases.

> Read more


To read the full Update, click here