Tax Expertise
Peter maintains a broad tax practice, with an emphasis on partnership, S corporation, and international taxation. He regularly serves as outside tax counsel to other law firms on M&A and other business transactions. Recent engagements include:
Lead tax counsel on M&A transactions involving construction, oilfield services, and consumer products businesses.
Draft and review partnership allocation and distribution provisions, including for partnership profits interests.
Develop a strategy for the tax-efficient restructuring a troubled partnership.
Advise on the tax consequences of complex like-kind exchanges, condemnation proceedings, and other real estate transactions.
Restructure a foreign holding company in response to tax legislation.
Advise international clients on the income and estate tax consequences of investment in the United States.
Help clients resolve foreign reporting issues, including through the OVDP and Streamlined programs.
Successfully resolved contested tax issues in examinations, IRS appeals and in US Tax Court on issues including theft losses, inventory taxation, financial products and hobby losses.
Assist several nonprofits in obtaining tax exempt status.