Tax

McManimon, Scotland & Baumann, LLC has an active and sophisticated tax practice that includes tax structuring, documentation and advice in connection with new and refunding issues; evaluation of proposed novel financing techniques; post-issuance tax matters such as changes in the use of bond-financed facilities and other compliance issues; representation of issuers in I.R.S. examinations.  In addition, the firm's State and local tax practice includes planning, lobbying, advising on and assisting with applications for tax exemptions and abatements and have litigated Corporation Business Tax cases involving allocation and apportionment issues, claims for refund, and unitary business tax issues, among others. The firm's philosophy is to assist clients in strictly complying with the Internal Revenue Code, Treasury Regulations, case law, and I.R.S. pronouncements, while providing creative solutions to issues in an effort to provide the best possible results for our clients.

Who We Serve

• Local Entities
• State Entities
• Issuers
• Underwriters 
• Developers
• Fortune 500 Corporations

Our Services

• Tax structuring, documentation and advice in connection with new and refunding issues
• Evaluation of proposed novel financing techniques
• Post-issuance tax matters such as changes in the use of bond-financed facilities and other compliance issues
• Representation of issuers in I.R.S. examinations

New Programs – The firm is a leader in the state at working through tax issues associated with new federal finance programs, including those contained in the American Recovery and Reinvestment Act of 2009. The attorneys in the firm’s tax department stay current on proposed and final laws, policies and procedure as well as changes made by the I.R.S. that relate to various bond financing and tax credit programs.

Corporate Tax – In addition, the firm’s State and local tax practice includes planning, lobbying, advising on and assisting with applications for tax exemptions and abatements. We have represented numerous “Fortune 500” corporations in all aspects of proceedings and have litigated Corporation Business Tax cases involving allocation and apportionment issues, claims for refund, and unitary business tax issues, among others.

Contact Us

For more information about our Tax practice, please contact Leah Sandbank at (973) 622-5035.