Shane P. Nix

Partner
Nix Shane
Shane Nix counsels companies and individuals on various business transactions with an emphasis on transactional tax matters relating to the acquisition, disposition, and restructuring of businesses, corporations, and partnerships. He has a broad range of experience in corporate, international, and partnership taxation. At Venable, Shane advises clients in various industries, including technology, real estate, hospitality, media, and entertainment, with significant experience advising actors, musicians, producers, directors, and financiers on a wide range of individual, corporate, and partnership tax issues specific to the entertainment industry. 

Shane also has significant experience advising executives in connection with equity compensation matters.

Prior to joining Venable, Shane was an associate tax attorney at a global American Lawyer 100 firm in Silicon Valley, where he represented both sell-side and buy-side clients in M&A transactions and advised technology and media companies with respect to choice of entity formation and various tax matters.

Shane started his career at PricewaterhouseCoopers in New York City, where he advised public and private companies and private-equity firms on international and domestic aspects of restructurings, divestitures and various stages of mergers and acquisitions, including due diligence, structuring, and post-merger integration. Shane also worked at Deloitte Tax LLP in Chicago as a tax consultant, focusing on R&D tax credit substantiation.

In addition to authoring scholarly publications, Shane has contributed to publications in the Journal of Taxation covering bad debt deductions and worthless stock losses.

Experience

Representative Matters

  • Represented production company with respect to tax planning in connection with $500 million movie deal, including allocation of S-corporation distribution and compensation
  • Represented prominent global platinum record-selling rock band in connection with structuring copyright ownership and a tax opinion related thereto
  • Represented talent management company in connection with structuring $165 million sale of a controlling interest in company
  • Represented production companies in planning for timing differences arising from copyright ownership, including new issues in connection with tax legislation
  • Represented talent in connection with loanout company tax matters, including drafting employment agreements
  • Represented talent in film, television, and music in connection with residency planning and service/royalty sourcing
  • Represented prominent production company in connection with structuring the sale of video game rights, production tax planning, and overall corporate structure

Insights

Credentials
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Education

  • LL.M. New York University School of Law 2008
  • J.D. cum laude DePaul University College of Law 2006
    • Staff Writer for Case Notes and Comments, DePaul-LCA Journal of Art and Entertainment Law
  • B.A. Economics University of Michigan 2002
  • University Honors

Bar Admissions

  • California
  • Illinois
  • New York

Professional Memberships and Activities

Memberships

  • Motion Picture TV and Tax Institute
  • American Bar Association
  • Beverly Hills Bar Association

Activities

  • Shane currently serves on the Executive Committee for the USC Tax Institute, as Chairman of the Individual Taxation Subcommittee, and on the Planning Committee for the CalCPA Entertainment Industry Conference
  • He is a contributor to the Journal of Taxation covering bad debt deductions and worthless stock losses
  • Shane is a member of the Motion Picture and Television Tax Institute and frequently speaks on matters pertaining to the entertainment and media industries. His recent work includes a chapter titled "A Guide to Structuring and Taxation in the Entertainment Industry" in The Essential Guide to Entertainment Law: Deal Making