Venable tax attorneys provide federal, state, local, and international tax advice to corporations and other business entities, as well as to nonprofits, individuals, and families.
Income Tax/Business Transactions
Our clients include Fortune 500 corporations, as well as closely held companies and start-up ventures. For clients of all types and sizes, we provide tax advice on all aspects of business operations.
A particular strength is tax advice and counseling for business transactions. Our attorneys have extensive experience in complex business transactions, including stock and asset transactions, corporate mergers, the creation of joint ventures, like-kind exchange transactions, the tax treatment of real estate investment trusts, the taxation of condominiums and cooperatives, and low-income housing credit transactions. We also represent clients in state and local income tax matters, and matters concerning recordation and transfer taxes and real property tax exemptions.
Venable attorneys create tailored asset-management, estate, and business succession plans for individuals and families. We work closely with financial advisors to structure plans that protect wealth and facilitate support of charitable organizations and other interests.
This includes providing counsel and solutions to make sure as much wealth as possible goes to our clients' heirs—and not to the government. Venable advisors know what the government is legitimately entitled to, and what you may rightfully leave to your loved ones. We are grounded in the rules and regulations governing income, gift, and estate taxes. We help clients provide for their heirs, and, if desired, for charitable, educational, and religious institutions.
Our team also maintains a practice focused on advising professionals in the entertainment industry on a variety of issues related to tax, estate, and charitable planning.
Venable attorneys are known for delivering timely, cost-effective service to trade and professional associations, charitable foundations, and other nonprofit clients. We create winning solutions, providing plans for reducing tax burdens while also making sure an organization's resources are put to their best use. The benefactor rests assured that he or she has helped an organization that has earned this support.
Tax Controversies and Litigation
We represent clients, both individuals and large corporations, at every stage of resolving disputes with the Internal Revenue Service (IRS)—from meetings with IRS examiners to tax appeals and, when necessary, tax litigation.
Our success in achieving positive outcomes for our clients derives in part from the fact that many Venable tax attorneys have actually worked within the IRS and thus understand its processes from the inside.
Our tax practice includes attorneys who are former staff members of both the Senate Finance Committee and the Joint Committee on Taxation. Their experience is of critical value in connection with advising clients on major pieces of tax legislation being considered by Congress.
Tax policy is entering a cycle in which changes are certain to be multifaceted and far-reaching. Venable's experienced attorneys help clients anticipate, stay on top of, and respond to changes by understanding the intricacies of what goes into tax policy at the highest levels.
Venable attorneys assist organizations, both foreign and domestic, as well as international investors, in the broad range of tax and corporate matters that arise when business is conducted across borders.
We are well versed in all manner of complex tax issues affecting cross-border business activities, ranging from inbound and outbound investments and transactions, to international tax controversies, and sophisticated tax planning for individuals working and living abroad.
State and Local Tax
Venable's tax attorneys have extensive experience in addressing a broad range of state and local tax (SALT) planning and controversy matters, including income, franchise, sales and use, transfer and recordation, and property taxes. We counsel clients in all aspects of determining and minimizing their SALT burdens in regard to pending transactions. Our team welcomes the opportunity to be involved in the early stages of review of business transactions, including mergers, acquisitions, and business reorganizations, so as to be able to do our best to ensure the minimization of SALT burdens with minimal impact on the transaction structure.
We assist individuals and entities in the evaluation of terminating or establishing domiciles in various jurisdictions to minimize their SALT exposure. Our SALT practitioners have worked with numerous multi-state businesses to assist in determining how best to structure the operations of the business enterprise across multiple jurisdictions while minimizing the resulting SALT obligations. And we represent clients in administrative controversies and tax-related litigation, ranging from informal discussions with tax administrators to handling appellate litigation.
- Business transactions tax
- Estate planning
- International tax
- Tax controversies and litigation
- Tax policy
- Tax-exempt organizations