Jeff Markowitz is a member of the Corporate and Securities Practice Group and engages in a wide range of sophisticated tax areas. He has represented companies ranging from multi-national corporations engaged in mergers and acquisitions to start-up entrepreneurial clients. Jeff has provided tax and business structuring advice on strategic joint ventures, creative employee equity compensation and cross border tax planning. His practice also includes sophisticated tax structuring to minimize state and local taxes including sales taxes, state income taxes and recordation and transfer taxes. Jeff often advises on complicated mergers and acquisitions, structuring and sophisticated equity and debt financing. Jeff's practice also includes international tax advice, including both U.S. companies operating offshore, and non-U.S. companies with U.S. business operations.
Jeff has advised several privately held entrepreneurial companies regarding limited liability company structuring to combine income and estate planning whereby older generation ownership can pass growth through to younger generations with minimal gift and income tax consequences, and complex corporate joint ventures. Jeff's practice also includes sophisticated real estate transactions, including tax-free exchanges under Section 1031 of the Internal Revenue Code, structuring transactions to ensure capital gains treatment on real property proposed for development and structuring real estate joint ventures.
Industry Focus:
Jeff has advised clients across many industries including tax issues regarding real estate transactions, manufacturing, warehousing and distributions, life sciences, government contracting, professional services, engineering and construction, technology and innovative sciences.
Credentials
American Bar Association: Section of Tax; Corporate Tax Committee
Baltimore SmartCEO Magazine: 'Legal Elite' (2010)
Best Lawyers in America ®: Tax Law (2007-2012)
International Council of Shopping Centers
Maryland Advanced Tax Institute: Chair (2000)
Maryland State Bar Association: Section of Taxation, Chair (2003)
Maryland State Bar: Committees on Revised Uniform Partnership Act 1997 and Revised Uniform Limited Partnership Act 2002
Maryland Super Lawyers®: Selected for inclusion in the area of Tax Law (2007-2012)
Super Lawyers® - Corporate Counsel Edition (July 2009)
University of Baltimore School of Law: Adjunct Professor of Law
University of Baltimore: Received "Excellence in Teaching" Award (2009)
Publications
"A Tax-Efficient Way to Transfer Your Business," Family Business Magazine (Co-Author) (March/April 2012).
"Reporting and Withholding Requirements under the Foreign Account Tax Compliance Act," Miles & Stockbridge News Brief (Co-Author) (December 2011).
"Analysis of the Hiring Incentives to Restore Employment (HIRE) Act," Miles & Stockbridge News Brief (Co-Author) (March 2010).
"Tax Changes for Businesses and Individuals in the Worker, Homeownership, and Business Assistance Act of 2009," Miles & Stockbridge News Brief (Co-Author) (11/12/2009).
"IRS Extends Deadline for Voluntary Disclosure of Offshore Bank Accounts," Miles & Stockbridge News Brief (Co-Author) (September 21, 2009).
"Proposed Regulations on Transfers of Controlling Interests in Maryland - Do They Go Too Far?" Tax Talk (newsletter published by the Section of Taxation of the Maryland State Bar Association, Inc.) (Summer 2008).
"Computer Services Tax Draft Regulations Issued," Miles & Stockbridge News Brief (March 2008).
"Real Estate Tax Incentives," Maryland Bar Journal (November/December 2006).
"Maryland Homeowners," Miles & Stockbridge News Brief (February 2008).
"Going Global? Success Lies in the Right Corporate Structure," World View (Winter 2003).
'Notice to Sophisticated Tax Planners: Recent Decision Demands Increased Diligence When Discussing Privileged Information,' National Public Accountant (June 2003).
Speaking Engagements
"Tax Traps and Opportunities in Buying and Selling a Business," American Bar Association On the Road, Waukesha, Wisconsin (May 13, 2011).
"Maryland Statutory [Business] Trusts: New Legislation and Real Estate Uses," The Bay Atlantic Club (December 14, 2010).
"Drafting Limited Liability Company Operating Agreements," Southeast Business Tax Forum, Taxation of Business Transactions, Atlanta Georgia (May 27, 2010).
"LLC or INC.? Entity Selection for a Small to Medium Sized Business," National Business Institute (October 12, 2010).
"Tax Issues on Choice of Entity Planning, Pitfalls and Possibilities: Various Tax Issues Through the Life Cycle of a Business," Lorman Institute, Baltimore, Maryland (February 12, 2008).
"Advanced Sales & Use Tax in Maryland," Lorman Institute, Baltimore, Maryland (January 2006).
"Real Estate Tax Issues In Maryland," Lorman Education Services, Baltimore, Maryland (May 2004 - July 2006).
"LLC vs. LLP in Virginia, Which Entity is Best For Your Client?" National Business Institute, Fairfax, Virginia (October 25, 2005).
"Family Limited Partnerships and Limited Liability Companies in Virginia," National Business Institute, Fairfax, Virginia (January 2005).
"Business Organizations," Essentials of Maryland Practice, MICPEL, Columbia, Maryland (April 2004).
"Transfer Taxes," Business Law Institute, MICPEL, Columbia, Maryland (April 2004).
"Limited Liability Company Update in Virginia," National Business Institute, Fairfax, Virginia (January 2004).
"Limited Liability Companies and Limited Partnerships in Maryland," National Business Institute, Baltimore, Maryland (November 2003).
"Sales and Use Tax in Maryland," Lorman Institute, Baltimore, Maryland (October 2003).
"Property Taxes Recordation and Transfer Taxes," Lorman Institute, Baltimore, Maryland (September 2003).
"Section 1031 Exchanges - From Plain Vanilla to Beyond Cheesecake," Chesapeake Tax Conference, Baltimore, Maryland (October 2001).
"7th Annual Advanced Limited Liability Entities," MICPEL, Columbia, Maryland (September 2000).
"Buy-Sell Agreements," MICPEL Rockville, Maryland (January 2000).
"Overview of Partnership Law; Choice of Business Entity," MICPEL, Baltimore, Maryland (May 1997).