For taxpayers in the global economy, success depends on compliance with a diverse and ever-evolving array of tax rules. Tax policies are constantly in flux, and they vary widely in different national, regional, and local jurisdictions. A deep understanding of these myriad tax regimes—as well as the interplay between them—can mean the difference between profitable transactions and harsh penalties.
O’Melveny has a fully integrated global tax practice and is one of the few international law firms with US, UK, and Chinese tax capabilities. We provide comprehensive and strategic tax planning advice, combining a thorough knowledge of complex tax laws with a pragmatic problem-solving approach to our clients’ tax issues. We serve corporations, financial institutions, private equity funds, state and local agencies, and individuals in a wide variety of transactions ranging from routine corporate formations to some of the world’s largest, most complex mergers and acquisitions.
We often act as special tax counsel on transactions that are particularly tax-sensitive or involve emerging tax issues, such as fund-raising in new markets, secondary transactions, cross-border joint ventures, business mergers and acquisitions, corporate reorganizations (including spin-offs and split-offs), liquidations, and other divestitures. Our goal is to maximize after-tax results for our clients within applicable laws and regulations. We are also known for our thorough knowledge of partnership laws and our focused experience in entertainment transactions.
Key Facts
- Our tax practice includes more than 40 lawyers skilled in business tax, international and cross-border tax, executive compensation, employee benefits, and tax controversy matters.
- Our lawyers are recognized authorities in the tax field who frequently publish in widely recognized tax journals such as Corporate Taxation, Tax Notes, Tax Notes International, BNA International, Mergers and Acquisitions: The Monthly Tax Journal, The Practical Real Estate Lawyer, and China Tax Intelligence.
- Our China practice, one of the largest Mainland China presences of any international law firm, includes five tax professionals in China, one of whom was recently recognized by International Tax Review as one of only two “key” tax advisors for China tax matters.
- Our London office operates on a fully integrated basis with our tax lawyers in the US and China to provide transcontinental coverage. We have strong working relationships with the leading independent law firms across Europe and in many other jurisdictions to serve clients doing business in jurisdictions where we do not have our own offices.
Practice Strengths
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Complex Financial Instruments
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Employee Benefits
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Executive Compensation
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International Tax Planning
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Mergers and Acquisitions
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National, State, Regional, and Local Taxation
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Private Equity, Hedge, and Emerging Market Funds
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Real Estate Taxation
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REITs
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Securitization and Structured Financing
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Tax Controversy