Tax

Stroock’s Tax Practice Group offers clients a combination of broad expertise in corporate and individual taxation and depth in transactional experience.  We focus on United States federal income matters, as well as all areas of New York State and City taxation.  Our practice helps clients with a wide range of specialized tax issues that arise in connection with, for example, corporate mergers and acquisitions, private equity and real estate transactions; bankruptcy and insolvency restructurings; “real estate investment trusts” (REITs) and “regulated investment companies” (RICs); partnerships, joint ventures and private funds; securitizations; and insurance company products.
 
The Tax Practice Group provides the hands-on service of a tax boutique supported by the full resources of a Wall Street law firm.  We work with other Stroock practices to develop tax solutions that meet each client’s needs.  A central part of this includes working with Stroock’s corporate groups on sophisticated mergers, acquisitions and reorganizations, as well as equity and debt financings and restructurings.  Clients of Stroock’s Investment Management Practice Group benefit from our experience with concerns facing RICs and publicly traded investment vehicles.  We are also integral to the Firm’s Private Funds Group, helping to design complex onshore and offshore structures.  The Commodities and Derivatives Practice Group relies on our experience in financial products and foreign and backup withholding issues, and our Insurance Practice Group relies on the very specialized insurance tax knowledge that we bring to the table.
 
Major real estate owners and developers look to Stroock for tax advice on construction, development and ownership issues.  The Tax Practice Group counsels Stroock’s Real Estate Practice Group clients on the tax implications and structuring of real estate deals, including acquisitions, exchanges (taxable and tax-free), dispositions and leases of commercial real estate.  We also specialize in REITs and RICs formation and qualification issues, and in structuring investments for REITs and RICs, pension plans and other tax-exempt institutions.
 
In addition to our U.S.-based activities, the Tax Practice Group conducts a substantial cross-border and foreign tax practice.  Stroock represents both United States corporations operating abroad, whether directly or indirectly through subsidiaries and branches, and foreign persons investing in the U.S.  In conjunction with Stroock’s Real Estate Practice Group, the Tax Practice Group has developed particular expertise in structuring tax-efficient strategies for investment in U.S. real estate through REITs, corporations, joint ventures and other investment vehicles. 
 
Stroock also is at the forefront of all tax issues relating to the entertainment industry, and one of our partners is the author of the treatise, Taxation of the Entertainment Industry (CCH), which covers the film, television, music, and sports industries. 
 
For information about property assessments, tax incentive and exemption services for real estate owners, visit Stroock’s Tax Certiorari Group page.