Daniel Novakov's practice involves transactional tax planning for federal, state and international tax matters. He has a broad based practice in corporate tax matters (including stock and asset acquisitions, reorganizations, spin-offs, venture capital, incorporations, shareholder and inter-corporate redemptions, and liquidations); investments (including REMICs, asset backed securities, and off shore funds); securities offerings (public and private); U.S. activities of foreign taxpayers (including foreign investment in U.S. real property, withholding and treaties); foreign activities of U.S. taxpayers (joint ventures, licensing, controlled foreign corporations, foreign personal holding companies and passive foreign investment companies); executive compensation and employee equity arrangements (stock option plans and stock purchase plans); partnerships and S corporations, charitable organizations (including private foundations); and federal and state tax controversy work (administrative and judicial).
Dan also has experience in advising clients regarding wealth planning, including wills and trusts, charitable giving strategies, family limited partnerships, and other family entities, family foundations as well as trust and estate matters.
Areas of Concentration
· Tax
· Trust and estates
· Wealth management
· Global benefits and compensation
· Structured finance and derivatives
Professional & Community Involvement
· Fellow, Texas Bar Foundation
· Member, American Bar Association - Tax and Real Property, Probate and Trust Sections
· Member, State Bar of Texas - Tax and Real Property, Probate and Trust Sections
· Member, Dallas Bar Association - Tax, Probate and Trust Sections
· Member, Salesmanship Club of Dallas
· Vice-Chairman, AT&T Cotton Bowl Athletic Association
· Board of Directors, Baylor Health Care System Foundation
· Chairman, SMU Athletic Forum
· Diocese of Dallas Strategic Planning Committee A Mission for Excellence in Catholic Schools
· Advisory Council, Catholic Foundation
Awards & Recognition
· Listed, Best Lawyers in America, 2009-2012
· Listed, Texas' Best Lawyers, 2009 and 2010
· Selected by Super Lawyers magazine and Texas Super Lawyers magazine, 2003-2005
· Ranked AV® Preeminent™ 5.0 out of 5
Fellow, Texas Bar Foundation.