Tax

Drawing on their extensive knowledge of the tax law (federal, state, local and international) and their decades of collective experience and understanding of business transactions, our tax attorneys work closely with our corporate, real estate, bankruptcy/business restructuring and other attorneys to develop realistic strategies that work from a business and financial perspective while minimizing taxes, and to implement those strategies by carefully preparing the necessary documents. This approach has greatly benefited our clients in numerous contexts, including:

• Mergers and acquisitions involving corporations, partnerships, limited liability companies and S corporations.
• Fund formations.
• Fund investments by tax-exempt and non-U.S. investors.
• Real estate development and sales.
• Real estate investment trusts.
• Tax-free exchanges.
• Historic, new markets and energy tax credits and grants.

In the Pennsylvania and Philadelphia realty transfer tax area, our tax attorneys have become acknowledged leaders in the field, negotiating cutting-edge agreements with taxing authorities and litigating these cases when necessary.

Our tax attorneys have also had a great deal of success handling federal, Pennsylvania, New York State, Philadelphia and New York City tax controversies at the audit stage, at the administrative appeals or conciliation level and where necessary at trial and on appeal.  In these matters, the key to success for our clients is invariably a combination of a thorough understanding of the underlying facts and our attorneys’ broad and deep knowledge of the applicable tax and non-tax law, meticulous attention to detail and ability to prepare overwhelmingly persuasive written presentations.