Sonia K. Kothari is a senior counsel in the Taxation Practice of Foley & Lardner LLP. Sonia is based in the firm’s New York office. Sonia’s practice focuses the U.S. federal tax aspects of a wide range of business transactions.

• Tax planning for sponsors and investors in domestic and cross-border private investment funds, including venture capital funds, digital assets funds, opportunity zone and other real property funds, credit funds, continuation funds, and hedge funds.
• Mergers, acquisitions, divestitures, reorganizations, restructurings, recapitalizations, debt and equity financings, and strategic investments for public and private companies.
• Structuring for inbound and outbound investments, including the application of tax treaties, anti-deferral regimes, withholding tax, choice of entity, and information reporting.
• Real estate transactions, including 1031 like-kind exchanges, tenancy-in-common agreements and joint venture agreements.

Prior to joining Foley, Sonia served as an attorney in the Passthroughs and Special Industries division at the IRS Office of Chief Counsel in Washington, D.C. She is a principal author of the final regulations under Internal Revenue Code Sections 1400Z-2 (opportunity zones) and 1061 (carried interest).

Sonia previously was a tax associate at international law firms in New York, where she advised clients on the U.S. federal income tax treatment of a variety of domestic and cross-border business transactions.