Taxand voted best tax adviser network in Europe

Taxand, the global network of over 2,000 leading tax advisers from independent member firms in more than 40 countries, has achieved market recognition for its contribution to tax at this year's International Tax Review's (ITR) European Tax Awards.

The Best Newcomer Award 2008 was presented to Taxand for delivering best-in-class tax advice across Europe.

The award, which was introduced this year to honour entrants to the market within the last five years, was determined by a panel from the Tax Executives Institute's European Chapter and ITR's editorial team following initial research canvassing the perspectives of tax executives, in-house counsel, tax advisors and private-practice lawyers.

Frédéric Donnedieu de Vabres, chairman of Taxand, said: "Five years ago Taxand was a promising but very theoretical concept. Two years later, we launched with eight members. Today we cover 43 countries and continue to expand.

"This award is major recognition of the work we have done together and I am thrilled our efforts and our brand have been acknowledged in this way".

Taxand member firms were shortlisted for 15 awards, beating stiff competition in many territories.

Taxand winners on the night were Denmark, Bech-Bruun, Greece, Zepos & Yannopoulos, Luxembourg, Atoz and Spain, Garrigues. All four firms picked up best national tax firm awards for their track record in delivering innovative international tax transactional work.

Denmark, Bech-Bruun, won the award for the third time, Luxembourg, Atoz, scored a hat-trick, winning for the third consecutive year and Spain, Garrigues, won for the fourth year in a row.