Baker McKenzie's New York practice benefits from its vast international network and range of offices across the States.
The firm offers services in customs, real estate tax, state and local tax, supply chain tax planning, tax dispute resolution, M&A, reorganisations, tax planning, tax policy, transfer pricing, VAT, indirect tax and wealth management.
During the research period the firm advised FedEx on the tax aspects of the post-acquisition integration with Dutch rival TNT Express. FedEx is now the second largest courier company in Europe and its European headquarters is located in Amsterdam/Hoofddorp. Thomas May, a partner in New York, helped advise on the case.
Cadwalader Wickersham & Taft’s tax lawyers are recognised for their results-oriented approach and expertise in US and UK tax law. Linda Swartz is the chair of the firm's tax group.
The team represents domestic and multinational corporations, private equity and other investment firms and investment banks and is particularly known for its expertise in tax matters related to M&A and joint venture deals.
During the research period the firm provided tax advice to The Medicines Company in relation to the sale of its infectious disease business unit to Melinta Therapeutics for $270 million.
The tax practice at Debevoise & Plimpton comprises 36 professionals, nine of which are partners.
The firm acts on the tax aspects of M&A, private equity and hedge fund formations, joint ventures, bankruptcies and restructurings, public and private financings and real estate transactions.
Peter Furci and Peter Schuur co-chair the firm's global tax practice. Furci specialises in M&A, investment fund formation and general corporate matters. Schuur specialises in M&A, insurance and funds.
The firm is best known for its strengths in areas such as private equity, insurance, banking, airlines, technology, media and pharmaceuticals.
Deloitte's New York office boasts around 5,000 professionals. The firm's US practice is one of the largest in the country and provides fully integrated tax services in the areas of corporate tax, transfer pricing, indirect tax, multistate tax, tax management consulting and M&A.
John Womack is the US managing partner for international tax, transfer pricing and indirect tax and focuses his practice on advising US-based multinationals.
Key sectors for the team include technology and telecommunications, healthcare and media and entertainment.
The firm’s pro bono work is also extensive, having been involved with New York Cares Day, the New York City Marathon, and the NYC Multiple Schlerosis Bike Tour.
The New York office of DLA Piper focuses on tax planning and dispute resolution with a sector focus in sports, media, insurance and asset management.
Kathy Keneally is the chair of the firm's civil and criminal tax litigation practice, while Gerald Rokoff co-chairs the transactional tax practice.
Highlight work from the research period includes advice given to the Los Angeles Chargers in connection with its team's relocation and agreement to participate in the development and financing of a $2.66 billion NFL stadium. It also assisted Fosun with the global tax work relating to the sale of Ironshore to Liberty Mutual.
UK ‘magic circle’ firm Freshfields Bruckhaus Deringer’s tax practice has a focus on the tax elements of cross-border M&A transactions, no surprise given its strength worldwide in the corporate law space.
Robert Scarborough and Claude Stansbury oversee the tax practice and are backed by five associates.
Fried Frank Harris Shriver & Jacobson represents some of the leading corporations and financial institutions in all areas of tax law. Its core practice is advising on the tax elements of M&A deals.
The firm regularly advises domestic and foreign corporations and partnerships on various tax matters and has worked with major investment banks.
David Shapiro co-chairs the firm’s tax department and has a focus on cross-border tax. Robert Cassanos is another notable figure and acts on the tax aspects of M&A, LBOs, joint ventures, fund formations, financings and REITs.
The New York office of Kirkland & Ellis is known for its work across a range of different tax practices. These include strong showings in tax controversy and real estate matters, but it noticeably stands out for its work in the transactional space.
Recent examples that demonstrate its strength in this area include acting for ABRY Partners in connection with the sale of software developer Accela to Berkshire Partners and advising the Avista Corporation in relation to its £5.3 billion acquisition by Hydro One.
The most notable change to the team during the research period was the addition of partner Jared Rusman from Weil Gotshal & Manges, who has particular expertise in transactional work and is widely recognised as a senior figure in the field.
Jason Bazar and Brian Kittle co-head Mayer Brown's tax practice. The New York team advises corporates, banks and funds on tax transactional matters, planning and tax controversy.
During the research period the firm advised Altice and Altice USA on the tax aspects of the latter’s IPO on the NYSE. The IPO involved a restructuring and primary and secondary offerings.
The team recently hired Amy Nogid as counsel, as well as Leah Robinson and Thomas Humphreys as partners in New York.
UK/US firm Norton Rose Fulbright has a strong reputation for transactional tax in the energy and financial sectors. The firm is also recognised for tax controversy matters and transfer pricing. In 2017 the firm merged with Chadbourne & Parke.
The firm’s New York office has a focus on transactional and private wealth work. William Cavanagh is the co-head of the tax practice group.
The firm’s experience in the energy sector is highlighted by the firm’s work advising Tema on its merger with KLR Energy Acquisition Corp. The client sold properties and contributed properties using the Up C structure, which allows Tema to effectively maintain ownership in the entity on a tax-free basis, but have the right to convert the share ownership into stock of a public company.
The team recently hired Carolyn Reers and Todd Schroeder as partners in New York.
Skadden Arps Slate Meagher & Flom's New York tax group has 11 partners, 21 associates and two of counsel.
Due to the firm’s reputation in M&A it is no surprise that the firm has a solid reputation for tax transactional matters and post-acquisition restructurings, but the firm also has extensive experience in strategic tax planning and tax implementation issues associated with cross-border transactions. The team also advises on tax controversy matters including disputes and transfer pricing matters.
Stuart Finkelstein is a key figure in the team and heads the firm’s New York tax group.
During the research period work highlights included advice to E I du Pont de Nemours and Company on the tax aspects of its merger with The Dow Chemical Company.
The firm also advised Atlas Resource Partners on its restructuring plan.
Sullivan & Cromwell’s tax group is noted for its work in innovative tax planning and handling of tax controversy matters.
Ron Creamer is a key figure and oversees the firm’s tax practice, which comprises eight partners and 15 other professionals.
During the research period the firm advised on matters including work for Bayer on the tax aspects of its acquisition of Monsanto; AT&T on its acquisition of Time Warner; and work for Amazon.com on its acquisition of Whole Foods.
The team recently promoted Isaac Wheeler from associate to partner.
Vinson & Elkins’s New York transactional tax team advises on transactions as well as providing tax planning advice to domestic and foreign clients. The team also represents clients in tax controversy and litigation matters representing private and publicly-held corporations, partnerships, and high net worth individuals in all phases of US federal income tax controversies, from audit to IRS appeals to litigation.
George Gerarchis is a key figure in the team and oversees the firm’s tax practice.
During the research period a work highlight saw the firm represent Marathon Petroleum Company in a series of cases in the US tax court involving a transaction in which the company distributed shares of a foreign corporation to one of its partners in partial redemption of the partner’s interest in Marathon. The IRS claims the distribution was not tax free but instead resulted in almost $1 billion of taxable gain.