Tax: State & Local
USA Guide 2024 : New York
Band 1
Contact number
+1 212 885 5000About
Provided by Blank Rome LLP
• Practice handles domestic and international transactions, trusts and estates, and tax controversies
• Structure tax aspects of corporate and real estate transactions, in the middle market and $1 billion+
• Handle tax audit defense and tax litigation matters
• Practice is about 75 percent transactional, 25 percent litigation
• For private clients, we advise on tax consequences of matrimonial matters, and tax aspects of estate planning and charitable giving.
How do we stand out?
Maritime – we advise maritime-related companies on tax aspects of transactions. We work closely with Blank Rome’s shipping team, and with excellent in-house maritime experience, such as unparalleled knowledge of the Jones Act, the law that governs the U.S. shipping industry, we are hard to beat as legal advisor on these deals.
Real estate – our New York tax team is strong in the real estate sector, notably in advising on the tax aspects of real estate investment trusts (REITs). We have extensive experience representing private and publicly traded REITs in the tax aspects of mergers, acquisitions, joint ventures, credit facilities, and financings.
Matrimonial – We are among the top matrimonial and family law practices in the country, dating back to the New York office legacy firm, Tenzer Greenblatt. Our tax lawyers do a lot of work advising on the tax aspects of separations of corporate and real estate assets, and how to divide assets in a tax-efficient way.
Chambers Review
Blank Rome is a respected team with notable expertise in SALT matters. Regularly advises clients on the tax aspects of M&A, joint venture arrangements and reorganizations. Sector expertise covers retail, energy and food and beverages.
Work Highlights
- Blank Rome successfully represented Jefferies in multiple issues of first impression under the New York State corporate tax.
Strengths
Provided by Chambers
"I have worked with a number of their lawyers and they have very strong depth. They are very knowledgeable and very personable."
"I have worked with a number of their lawyers and they have very strong depth. They are very knowledgeable and very personable."
Notable Practitioners
Craig Fields is noted for his extensive experience representing clients in state and local tax disputes. He is a go-to practitioner for issues concerning income tax and sales and use tax, among other levies.
"Craig has a highly in-depth knowledge of state and local tax matters and is able to leverage his deep understanding of various laws and regulations to advise his clients."
"Craig is an outstanding business partner. He takes the time to understand the issue and how it relates to the bigger picture. He delivers solid advice that has led to really exceptional results."
Irwin Slomka is adept at handling state and local tax controversies. His sector expertise covers banking, telecommunications and healthcare.
"The advice he provided was detailed and clear, and his experience shone through when he provided practical guidance and advice."
"Irwin is a pleasure to work with and has been insightful and knowledgeable."
Mitchell Newmark is the cochair of the SALT practice and represents clients in a range of tax disputes and refund claims in front of the tax authorities.
"I am highly appreciative of Mitchell's awareness of organizational issues and ability to address them."
"He is client-focused, knowledgeable and responsive."
Ranked Lawyers at
Blank Rome LLP
New York