Tax

Tax considerations frequently play a vital role in business transactions and in personal financial planning. The firm’s Tax Department provides general tax planning for corporations, limited liability companies, partnerships, tax-exempt organizations, individuals and estates. We also provide sophisticated advice regarding the tax aspects of business and investment transactions.

We have extensive experience in:

• Structuring business and investment transactions – including mergers and acquisitions, reorganizations, recapitalizations, joint ventures, initial public offerings and other financings – to achieve tax efficiencies for our clients
• Counseling clients on the tax consequences of mergers and acquisitions
• Advising hedge funds and private equity funds
• Structuring international capital markets transaction
• Real estate transactions, including like-kind exchanges and condemnations
• Working with financial institutions to develop innovative financial products
• Representing clients before the Internal Revenue Service, state taxing agencies and the U.S. Tax Court
• Tax planning for non-resident aliens and foreign corporations, including inbound investments by such persons and planning for individuals who are planning to take up temporary or permanent U.S. residence
• Tax planning for investments overseas by U.S. persons
• Planning, documentation and implementation of employee benefit programs of all types
• Drafting and commenting upon tax legislation and regulations
• New York state and local tax issues
• Forming and representing tax-exempt organizations, including planning for joint ventures with for-profit organizations

In addition, we review potential investments on behalf of our individual and corporate clients, and we work with the Trusts & Estates Department to advise high-net-worth individuals.

Recent Experience

Our Tax Department has recently advised on several sophisticated transactions including:

• Carter Ledyard Client McIntyre Partners Raises $100m Debt Offering
• Carter Ledyard Client Pacific Current Group Purchases 24.9% Stake in Avante Capital Partners, LP
• Carter Ledyard Client Greenfire Resources Merges with M3-Brigade Acquisition for NYSE Listing and Several Financing Transactions
• Carter Ledyard Client, Scholly, in Asset Acquisition by Sallie Mae, Enables Free App for Users
• Carter Ledyard Guides Client Pacific Current Group in Minority Investment in Cordillera Investment Partners, LP
• Carter Ledyard Client CooperVision Completes Acquisition of SynergEyes

We regularly publish articles and speak on various tax topics. Our Chair, Melinda Fellner, also hosts a Tax podcast, which can be found here.