Practice/Industry Group Overview
Drinker Biddle has 40 tax lawyers with practices spanning a wide range of different areas of tax law.
Our business tax lawyers provide advice on federal, state, local and international tax matters to corporations, partnerships, LLCs, RICs, REITs, nonprofit organizations and individuals. We structure and deal with tax aspects of major transactions, form new entities and ventures, provide tax opinions and tax disclosures in connection with equity and debt offerings, obtain tax rulings, resolve disputes with the IRS and other tax authorities administratively and in court, and address other business tax issues as they arise.
Our employee benefits and executive compensation lawyers deal with the full range of tax issues that arise in compensation matters – qualified and nonqualified deferred compensation plans, stock options, phantom stock, profits interests, ESOPs, change of control agreements and other tax aspects of benefit plans. Our clients include national and international corporations, banks, insurance companies, mutual funds and other investment entities, utilities, transportation companies, hospitals, governmental units, schools, universities, churches and other non-profit organizations. We represent publicly traded companies, domestic subsidiaries of foreign companies and privately held entities.
Drinker Biddle private client group lawyers provide a full spectrum of sophisticated estate planning services – wills, transfers to GRATs and other grantor trusts, charitable remainder trusts and other charitable giving techniques and other individual tax planning matters. We focus on preserving, managing and transferring the wealth of our individual and fiduciary clients, and bring to bear a multi-disciplinary approach that encompasses aspects of corporate, tax, real estate, family and trust law – an integration that enables a broad perspective to achieve balanced and long-lasting trust and estate solutions. We have extensive experience in the administration of estates and trusts, preparation of relevant tax returns and dealing with the IRS in connection with estate tax audits on valuation and other issues.
We also advise tax-exempt organizations on the range of tax issues unique to them, in the health care field and otherwise. Our operational services include, among other things, reviewing major gifts or grants, mergers and fundamental changes, corporate governance, property tax issues, and employment and compensation arrangements. We represent hospitals, universities and other operating charities, large charitable foundations, title holding companies, social welfare organizations, and trade associations. Our lawyers regularly assist nonprofit organizations in structuring and implementing a range of activities, including human services, academic scholarships, conservation and publishing.
Drinker Biddle’s tax lawyers have significant experience in the issuance of tax-exempt bonds by both governmental and tax-exempt organizations, keeping abreast daily of developments in federal tax laws governing public bonds. Our lawyers also have significant experience in other tax matters of relevance to financing structures, including partnership tax issues, unrelated business taxable income issues and New Markets Tax Credits.