David's work includes planning, compliance, transactions, and civil tax controversies. He is involved in a variety of matters relating to state and federal taxation of corporations, partnerships, individuals, tax exempt entities and industrial development bonds. He also provides a full range of trust and estate planning services. Representative Experience Developed litigation strategy and participated in the litigation of AT&T v. Collins, in which Fulton County Superior Court and the Georgia Court of Appeals, in a case of first impression, sanctioned the use of the unitary method of apportionment, representing a multimillion dollar state tax savings to AT&T. Served as Bond Counsel preparing all required bond documents to enable owners of manufacturing facilities, warehouses and office buildings to obtain significant property tax abatements. Successfully negotiated the value of a closely held business with the District Counsel's office of the IRS where the liquidation value of the business was far in excess of the going concern value. Designed a creative compensation package permitting the owner of a successful small business to attract and reward qualified personnel while retaining 100 percent ownership in the business. Represented the purchaser and negotiated all tax aspects in a $20+ million stock acquisition, including treating the transaction as an asset purchase for income tax purposes to maximize the purchaser's tax benefits. Developed tax savings strategies to enable a seller of stock in his closely held company to eliminate approximately $1.5 million of income tax liability. Provide ongoing advice to major private foundations to enable such foundations to maintain compliance with the complex rules and regulations governing these entities. Other Distinctions Selected as a Super Lawyer by Law & Politics and Atlanta Magazine for Estate Planning excellence (2004-2011). Named to Georgia Trend magazine's Legal Elite in taxes, estates, and trusts (2004-2009). Work Experience Partner, Troutman Sanders LLP, 1993-present Associate, Troutman Sanders LLP, 1984-1992 Sr. Accountant, Arthur Anderson (Atlanta), 1978-1981 Memberships · Licensed Certified Public Accountant (Georgia) · State Bar of Georgia (Member, Fiduciary and Taxation Sections) · Atlanta Bar Association (Member, Board of Directors, Taxation Section) · American Bar Association (Member, Section of Taxation) |