Tax: State & Local
USA Guide 2024 : New York
Band 1
Contact number
+1 212 547 5400About
Provided by McDermott Will & Emery LLP
Corporate/M&A – Working closely with our corporate lawyers, we handle the tax aspects of numerous transactions. Our work includes large M&A deals, private equity buyouts, spin-offs, corporate restructurings, and IPOs. Our tax lawyers are often called in by major public companies to act as special tax counsel on the largest M&A deals and securities offerings in the market.
Financial tax – McDermott provides tax advice in respect of complex financial products, including derivatives, asset-backed finance structures, commercial paper programs, securitizations, and tax-advantaged financings.
Renewable energy tax – We have seen continued demand for our services in the specialized area of “tax equity” transactions, which allow for the use of tax incentives to encourage the development of renewable energy.
Tax-exempt organizations – Along with our corporate and banking clients, our New York tax lawyers advise a number of tax-exempt entities on their investment activities and benefits and compensation arrangements.
Chambers Review
McDermott Will & Emery LLP offers experienced lawyers with specialized and effective knowledge, capable of undertaking tax matters on the state, local and federal levels. Boasts a full-service tax practice, with particular strength in M&A, finance and energy.
Work Highlights
- McDermott advised Credit Suisse on the post-merger integration tax issues arising out of its merger with UBS.
Strengths
Provided by Chambers
"The tax team is technically very strong and always responsive. They go above and beyond to understand the transaction and the client's structure to provide the best advice."
"They take great care in providing sound advice, and do a tremendous job in communicating and documenting complex issues to our team."
"The tax team is technically very strong and always responsive. They go above and beyond to understand the transaction and the client's structure to provide the best advice."
"They take great care in providing sound advice, and do a tremendous job in communicating and documenting complex issues to our team."
Notable Practitioners
Arthur Rosen maintains a stellar reputation for his SALT practice. He is a go-to practitioner for individuals, corporations and partnerships.
John Lutz garners acclaim for his significant experience advising on the tax elements of financial products. His expertise covers investment funds, derivatives and structured finance.