Advised private equity housing and investee companies
Qualified solicitor
London
@alvarezmarsal
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Chris Prout is a Managing Director with Alvarez & Marsal Tax in London. He brings more than 25 years of experience in equity compensation. Mr. Prout has worked with clients across a range of industries, including biotech, fashion, financial services, aircraft, and commodities.
Most notably at A&M, Mr. Prout advised private equity housing and investee companies on the structure of their multi-jurisdictional equity remuneration arrangements. He also advised on the design of equity plans for large listed companies and drafted plan rules and agreements to implement the approved designs. Mr. Prout has advised clients regarding the impact of various transactions, including initial public offerings, trade sales, and buyouts, on their incentive arrangements.
Prior to joining A&M, Mr. Prout spent 13 years with the International Transaction Tax Group at EY in London, where he most recently served as an Executive Director.
Mr. Prout earned a bachelor’s degree in law and an LLM from the University of Bristol. He is a qualified solicitor.
With management teams growing more international, it is common for employees who have been tax resident in the U.K. for many years to also become subject to taxation in another country.
In this article for employers, we have highlighted the key aspects of the Chancellor’s Spring Statement from last week in relation to employee share schemes and summarised how this will affect employers.
As we head into 2023 and given the uncertain economic outlook, Private Equity funds and portfolio companies will be looking at their management equity plans (‘MEPs’) from several standpoints to ensure these have the desired incentive effect for the management team. Whilst doing nothing may seem like the easy option, often it will be in the best interests of both investors and management to restructure the management equity plan.
Latest insightsThe latest insights from Chris Prout's team
The Federal Tax Authority (FTA) has released a guide on the UAE Corporate Tax (CT) Interest Deduction Limitation rules, offering clarity on Ministerial Decision No. 126 of 2023. Businesses should review their financial arrangements to identify amounts equivalent to Interest for accurate UAE CT Return calculations.
