Legal 500 Asia Pacific promotes WTS Taxise to Tier 2; Co-Founding Partners as Leading Tax Individuals

12 January 2023, Singapore – Taxise Asia LLC (WTS Taxise) has been promoted by Legal 500 Asia Pacific to Tier 2 from Tier 3 for Singapore Tax in its 2023 rankings. Founding Principal Eugene Lim  have also been ranked Leading Tax Individuals this year. Associate Principal and Transfer Pricing Leader Molvin Yiu, meanwhile, has been named Next Generation Partner. In this latest edition of the legal publication, WTS Taxise is the sole law firm with the most number of tax practitioners ranked in the leading lawyers and next generation partner rankings in Singapore.

Legal 500 Asia Pacific describes the firm’s international tax practice as having the ability to “bring country specific expertise to its tax work, notably in China and Japan matters.” Speaking to Legal 500, some of WTS Taxise’s clients describe the firm as follows:

  • “The team is experienced with sound tax knowledge and industry insight.”
  • “A strong tax practice with practical insights and execution clarity and precision.”
  • “This practice is unique in that it is at the forefront of digital assets… They are our go-to tax law firm for tax advice.”
  • “…A superior option to many tax practices in large firms.”
  • “Irving Aw is one of the foremost legal minds in the Singapore tax scene. He possesses a legal intellect that far surpasses his peers… and is always able to give workable options in all our tax dealings with him.”

These latest achievements further build on the firm’s recognitions from Chambers Asia Pacific 2023, ITR World Tax and World Transfer Pricing 2023, ITR Asia Pacific Awards 2022, Lexology Client Choice Awards 2022, Asialaw 2023 and Best Lawyers 2023 over the past months. View the awards and accolades page here.

Commenting on the rankings, Eugene said: “To be ranked by leading legal publications among Singapore’s leading tax firms and lawyers for the second consecutive year is an honour. This strengthens our unique position as a boutique international tax law firm in Singapore with the ability to combine international expertise in the areas of tax, trade and transfer pricing.”

Grateful for the excellent feedback from clients, Irving remarked: “We owe all these to our clients for their continued trust and we thank them for the privilege of being their go-to tax advisors. These are exciting times for us, at WTS Taxise, as we expand our tax offerings in Singapore and beyond to better respond to the evolving needs of businesses on domestic and cross-border tax.”

Founded in 2019 by some of the region’s market leading international tax and international trade lawyers and practitioners, WTS Taxise offers practical and audit conflict-free objective advice on complex local and international tax and international trade matters drawn from its unique mix of professionals including lawyers, tax accountants, economists, academics and senior former in-house tax specialists in its ranks. Together, the firm provides holistic multi-disciplinary perspectives and solutions to address our clients’ most difficult and strategic international tax, international trade and transfer pricing issues. WTS Taxise is a member firm of WTS Global, an international network of selected tax firms, with presence in more than 100 countries worldwide.