Foley's experienced Tax attorneys provide insightful, practical planning strategies that can reduce the tax burden from your transactions, as well as experienced, effective defense when the IRS or state tax authorities challenge your transactions.
We advise businesses and individuals on nearly every aspect of tax law, from transaction planning to dispute resolution to policy making. Our goal is to find practical solutions for complex tax issues and help you maximize tax efficiency while minimizing your exposure to non-compliance risks.
Our strategies for resolving difficult tax problems have served our clients well, not only in many well-known corporate transactions, but also in complex tax litigation. Among our successes, we have played key roles in landmark tax decisions establishing important tax law precedents.
Our seasoned Tax attorneys work in a variety of areas. See below for more.
Represented Dallas-based Enerven Compression LLC in its sale of natural gas compression and dehydration assets to Crestwood Marcellus Midstream LLC
Swonke and Goodrich v. First Colony Community Services Association, Inc. (14th Tex. App. 2010) – Obtained full reversal of district court’s order granting motion for summary judgment
Obtained 98 percent concession from IRS in $50 million refund claim by Japanese publicly traded company; issues included informal claims for refund and secondary transfer pricing adjustments under Rev. Proc. 99-32
Enacted as part of the Tax Cuts and Jobs Act of 2017, Opportunity Zones were designed to provide significant tax benefits to incentivize long-term investment in economically-distressed communities.
Tax Services for Real Estate Capital Markets and REITs
Our Taxation Practice plays an active role in representing clients in many real estate capital markets transactions, including the formation of real estate funds, real estate financings, joint ventures, recapitalizations, and dispositions.