Joshua D Odintz
USA Guide 2024
Band 3 : Tax
Email address
[email protected]Contact number
202 469 5207Share profile
Band 3
About
Provided by Joshua D Odintz
Practice Areas
Public Policy & Regulation, Taxation, Tax Controversy and Litigation, Federal Practice, Congressional Investigations
Career
Joshua D. Odintz is a tax attorney in Holland & Knight's Washington, D.C., office. Mr. Odintz focuses on tax policy, tax controversy and tax planning matters. Mr. Odintz represents clients before the U.S. Department of the Treasury, Internal Revenue Service U.S. Congress and the Organisation for Economic Co-operation and Development (OECD). He assists clients in seeking legislative and regulatory changes to tax laws, as well as monitoring key legislative and regulatory developments. Significant issues include OECD Pillars One and Two, GILTI, BEAT, FDII, foreign tax credits, debt versus equity, the deductibility of research expenses, interest limitations, mark-to-market on financial products, FATCA, the Common Reporting Standard, the Build Back Better Act, and the Inflation Reduction Act.
Further, Mr. Odintz represents clients under investigation by Congress regarding tax issues.
He also advises clients on domestic and international tax controversy matters at all phases, from audit and administrative appeals through litigation. Mr. Odintz has experience handling cases involving methods of accounting, transfer pricing, Section 199, research credit, tax accounting, attorney-client privilege and work product, among others.
Mr. Odintz works with multinational businesses to structure their inbound and outbound investments.
Mr. Odintz is the Washington Regional Vice President of the International Fiscal Association, US Branch. He is also a member of IFA USA’s executive committee. Mr. Odintz is the Washington co-chair of Holland & Knight’s pro bono program.
Mr. Odintz spends his free time writing tax articles for various publications. He is a frequent contributor to the Knight Watch column in TAXES magazine, and his most famous article is The TCJA is Not for Losers, which appeared in Bloomberg’s Tax Management International Journal.
Chambers Review
USA
Joshua Odintz is a strong choice to advise on tax policy and reform, and he also frequently undertakes tax controversy matters.
Strengths
Provided by Chambers
"If I reach out to Josh, I get a response very quickly. He understands both our issues and the bigger picture."
"He is a very talented, thoughtful and bright lawyer."
"Joshua has a great grasp of international tax law and provisions and how they might affect our company."
"If I reach out to Josh, I get a response very quickly. He understands both our issues and the bigger picture."
"He is a very talented, thoughtful and bright lawyer."
"Joshua has a great grasp of international tax law and provisions and how they might affect our company."
Articles, highlights and press releases
36 items provided by Holland & Knight LLP
IRS Proposes to Classify Basket Contracts as a Tax Avoidance Scheme
The U.S. Department of the Treasury and IRS on July 11, 2024, issued proposed regulations that would classify certain basket contract transactions as listed transactions.
IRS Targets Owners of Professional Sports Franchises Regarding Tax Reporting
The IRS recently announced a new enforcement campaign that targets and investigates sports industry partnerships reporting significant tax losses.
Biden Administration's Made in America Tax Plan: Procedural Aspects
Part 1: Buckle Up for the Impact on International Tax Reform
Biden Administration's Made in America Tax Plan: Interaction with OECD Inclusive Framework
Part 2: Buckle Up for the Impact on International Tax Reform
Biden's American Families Plan Proposes Income Tax Hikes
The American Families Plan is the third part of the Biden Administration's Build Back Better agenda, addressing "human infrastructure" and containing proposals on free education, direct support to children and families, and the extension of tax cuts for families with children and American workers.
Large Corporations and Wealthy Taxpayers Beware: The Taxman is Coming
Internal Revenue Service (IRS) Commissioner Chuck Rettig on April 13, 2021, told a U.S. Senate panel that the tax gap1 in the U.S. may total $1 trillion per year.
U.S. Supreme Court Decision May Pave Way for Future IRS Lawsuits
The U.S. Supreme Court recently rendered a unanimous opinion holding that the Anti-Injunction Act (AIA) did not block a lawsuit brought by CIC Services against the Internal Revenue Service (IRS), delivering an important victory to CIC and similarly situated taxpayers everywhere.
Biden Administration's FY 2022 Budget and Its Tax Increases for Corporations, Wealthy
By way of background, the budget that the president submits to Congress contains estimates of federal government income and spending for the upcoming fiscal year and also recommends funding levels for the federal government.
Biden Administration's FY 2022 Budget and International Tax Changes
A previous Holland & Knight alert provided an overview of corporate and individual income tax increases as detailed in the U.S. Department of the Treasury May 2021 "Green Book." (See "Biden Administration's FY 2022 Budget and Its Tax Increases for Corporations, Wealthy," June 3, 2021.)
Agreement on Global Tax Reform: What Happened and What's Next
Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the Base Erosion Profit Shifting (BEPS) project of the Organization for Economic Cooperation and Development (OECD)/G-20 Inclusive Framework (IF)1 since 2015.
U.K., U.S. Reach Competent Authority Agreement on "Equivalent Beneficiary" Status
The United Kingdom and the U.S. Competent Authorities published on July 28, 2021, a Competent Authority Agreement (the Agreement) under the bilateral U.K.-U.S. Income Tax Treaty (the U.K. Treaty).1
The Most Interesting International Tax Proposals in Biden's FY 2023 Budget
This Holland & Knight alert discusses the intersection of President Joe Biden's proposed changes to the U.S. tax code, as announced in connection with his fiscal year (FY) 2023 budget, and work underway on the global stage before the Organization of Economic Cooperation and Development (OECD)...
The Inflation Reduction Act: Summary of the Budget Reconciliation Act
President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives.
Notice 2023-7: First Peek at Corporate AMT Guidance
As promised, the U.S. Department of the Treasury (Treasury Department) and IRS on Dec. 27, 2022, issued guidance regarding the new corporate alternative minimum tax (CAMT) enacted as part of the Inflation Reduction Act (IRA).
Eyes on Energy Tax Update: January 2023
Eyes on Energy Tax Update is a regular publication of the Holland & Knight Energy Tax Team that provides highlights of important energy tax developments.
Treasury Department's First Repurchase Excise Tax Guidance Contains Rotten "Easter Eggs"
The U.S. Department of the Treasury and IRS intend to issue proposed regulations addressing application of a new excise tax on repurchases of corporate stock under Section 4501 of the Internal Revenue Code (Code).
Treasury Department Releases Section 48C Guidance with Billions in Tax Credits Up for Grabs
Reinstated by the Inflation Reduction Act of 2022 (IRA), Section 48C of the Internal Revenue Code provides $10 billion in credits for qualifying advanced energy projects, $4 billion of which must be allocated to projects located in energy communities.1
Treasury Department, IRS Release Preliminary Low-Income Community Bonus Credit Guidance
Section 48 of the Internal Revenue Code provides an investment tax credit (ITC) for certain renewable projects, including solar and wind power projects, equal to 30 percent of the qualified investment in the project if prevailing wage and apprenticeship requirements are satisfied.
Treasury Department Issues Section 48D Guidance on CHIPS Act Semiconductor Tax Incentive
The U.S. Department of the Treasury and Internal Revenue Service recently released proposed regulations under Section 48D, providing helpful clarifications.
IRS Energy Community Bonus Guidance Provides Welcome Clarity
The Internal Revenue Service (IRS) released guidance regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E.
Treasury Department, IRS Release Clean Vehicle Tax Guidance
Treasury Department, IRS Release Clean Vehicle Tax Guidance
Eyes on Energy Tax Update: First Quarter 2023
Eyes on Energy Tax Update is a regular publication of the Holland & Knight Energy Tax Team that provides highlights of important energy tax developments.
The New IRS Selectivity Criteria for Advance Price Agreements and Renewals
The IRS has announced new rules relating to the acceptance of Advance Pricing Agreement (APA) and renewal requests.
Break Out Your Calculator: IRS Releases Domestic Content Bonus Credit Guidance
Following the release of energy community bonus credit and low-income community bonus credit guidance, the U.S. Department of the Treasury and IRS recently provided taxpayers with the domestic content bonus credit guidance.
IRS and Department of Energy Release Additional Section 48C Guidance
Reinstated by the Inflation Reduction Act of 2022 (IRA), Section 48C of the Internal Revenue Code provides $10 billion in allocable credits for qualifying advanced energy projects, $4 billion of which must be allocated to projects located in energy communities.
Treasury Department, IRS Release Low-Income Community Bonus Credit Proposed Rules
The U.S. Department of the Treasury and IRS on May 31, 2023, released a Notice of Proposed Rulemaking (NPRM) regarding the low-income community bonus credit under Section 48 of the Internal Revenue Code. The NPRM requests comments by June 30, 2023.
Treasury Department and IRS Release Direct Pay and Transferability Guidance
As part of the Inflation Reduction Act, certain taxpayers may elect for a direct payment in lieu of a tax credit.
IRS Issues Updated Energy Community Bonus Guidance
The IRS on June 15, 2023, updated its energy community bonus guidance by issuing Notice 2023-45 and Notice 2023-47. The IRS also recently issued energy community bonus guidance in Notice 2023-29.
IRS Releases 2023 Section 45 Production Tax Credit Amounts
The IRS on June 21, 2023, released 2023 production tax credit (PTC) amounts under Section 45 of the Internal Revenue Code.
Inflation Reduction Act: Answers to Key Questions on Direct Pay and Transferability
In this alert, the Holland & Knight Energy Tax Team answers many of the key questions on direct payment and transferability of tax credits as provided for under the IRA.
IRS Proposes to Classify Basket Contracts as a Tax Avoidance Scheme
The U.S. Department of the Treasury and IRS on July 11, 2024, issued proposed regulations that would classify certain basket contract transactions as listed transactions.
IRS Targets Owners of Professional Sports Franchises Regarding Tax Reporting
The IRS recently announced a new enforcement campaign that targets and investigates sports industry partnerships reporting significant tax losses.
Biden Administration's Made in America Tax Plan: Procedural Aspects
Part 1: Buckle Up for the Impact on International Tax Reform
Biden Administration's Made in America Tax Plan: Interaction with OECD Inclusive Framework
Part 2: Buckle Up for the Impact on International Tax Reform
Biden's American Families Plan Proposes Income Tax Hikes
The American Families Plan is the third part of the Biden Administration's Build Back Better agenda, addressing "human infrastructure" and containing proposals on free education, direct support to children and families, and the extension of tax cuts for families with children and American workers.
Large Corporations and Wealthy Taxpayers Beware: The Taxman is Coming
Internal Revenue Service (IRS) Commissioner Chuck Rettig on April 13, 2021, told a U.S. Senate panel that the tax gap1 in the U.S. may total $1 trillion per year.
U.S. Supreme Court Decision May Pave Way for Future IRS Lawsuits
The U.S. Supreme Court recently rendered a unanimous opinion holding that the Anti-Injunction Act (AIA) did not block a lawsuit brought by CIC Services against the Internal Revenue Service (IRS), delivering an important victory to CIC and similarly situated taxpayers everywhere.
Biden Administration's FY 2022 Budget and Its Tax Increases for Corporations, Wealthy
By way of background, the budget that the president submits to Congress contains estimates of federal government income and spending for the upcoming fiscal year and also recommends funding levels for the federal government.
Biden Administration's FY 2022 Budget and International Tax Changes
A previous Holland & Knight alert provided an overview of corporate and individual income tax increases as detailed in the U.S. Department of the Treasury May 2021 "Green Book." (See "Biden Administration's FY 2022 Budget and Its Tax Increases for Corporations, Wealthy," June 3, 2021.)
Agreement on Global Tax Reform: What Happened and What's Next
Addressing the tax challenges arising from the digitalization of the economy has been a top priority of the Base Erosion Profit Shifting (BEPS) project of the Organization for Economic Cooperation and Development (OECD)/G-20 Inclusive Framework (IF)1 since 2015.
U.K., U.S. Reach Competent Authority Agreement on "Equivalent Beneficiary" Status
The United Kingdom and the U.S. Competent Authorities published on July 28, 2021, a Competent Authority Agreement (the Agreement) under the bilateral U.K.-U.S. Income Tax Treaty (the U.K. Treaty).1
The Most Interesting International Tax Proposals in Biden's FY 2023 Budget
This Holland & Knight alert discusses the intersection of President Joe Biden's proposed changes to the U.S. tax code, as announced in connection with his fiscal year (FY) 2023 budget, and work underway on the global stage before the Organization of Economic Cooperation and Development (OECD)...
The Inflation Reduction Act: Summary of the Budget Reconciliation Act
President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16, 2022, following its passage along party lines in the U.S. Senate and House of Representatives.
Notice 2023-7: First Peek at Corporate AMT Guidance
As promised, the U.S. Department of the Treasury (Treasury Department) and IRS on Dec. 27, 2022, issued guidance regarding the new corporate alternative minimum tax (CAMT) enacted as part of the Inflation Reduction Act (IRA).
Eyes on Energy Tax Update: January 2023
Eyes on Energy Tax Update is a regular publication of the Holland & Knight Energy Tax Team that provides highlights of important energy tax developments.
Treasury Department's First Repurchase Excise Tax Guidance Contains Rotten "Easter Eggs"
The U.S. Department of the Treasury and IRS intend to issue proposed regulations addressing application of a new excise tax on repurchases of corporate stock under Section 4501 of the Internal Revenue Code (Code).
Treasury Department Releases Section 48C Guidance with Billions in Tax Credits Up for Grabs
Reinstated by the Inflation Reduction Act of 2022 (IRA), Section 48C of the Internal Revenue Code provides $10 billion in credits for qualifying advanced energy projects, $4 billion of which must be allocated to projects located in energy communities.1
Treasury Department, IRS Release Preliminary Low-Income Community Bonus Credit Guidance
Section 48 of the Internal Revenue Code provides an investment tax credit (ITC) for certain renewable projects, including solar and wind power projects, equal to 30 percent of the qualified investment in the project if prevailing wage and apprenticeship requirements are satisfied.
Treasury Department Issues Section 48D Guidance on CHIPS Act Semiconductor Tax Incentive
The U.S. Department of the Treasury and Internal Revenue Service recently released proposed regulations under Section 48D, providing helpful clarifications.
IRS Energy Community Bonus Guidance Provides Welcome Clarity
The Internal Revenue Service (IRS) released guidance regarding the energy community bonus credit under Sections 45, 48, 45Y and 48E.
Treasury Department, IRS Release Clean Vehicle Tax Guidance
Treasury Department, IRS Release Clean Vehicle Tax Guidance
Eyes on Energy Tax Update: First Quarter 2023
Eyes on Energy Tax Update is a regular publication of the Holland & Knight Energy Tax Team that provides highlights of important energy tax developments.
The New IRS Selectivity Criteria for Advance Price Agreements and Renewals
The IRS has announced new rules relating to the acceptance of Advance Pricing Agreement (APA) and renewal requests.
Break Out Your Calculator: IRS Releases Domestic Content Bonus Credit Guidance
Following the release of energy community bonus credit and low-income community bonus credit guidance, the U.S. Department of the Treasury and IRS recently provided taxpayers with the domestic content bonus credit guidance.
IRS and Department of Energy Release Additional Section 48C Guidance
Reinstated by the Inflation Reduction Act of 2022 (IRA), Section 48C of the Internal Revenue Code provides $10 billion in allocable credits for qualifying advanced energy projects, $4 billion of which must be allocated to projects located in energy communities.
Treasury Department, IRS Release Low-Income Community Bonus Credit Proposed Rules
The U.S. Department of the Treasury and IRS on May 31, 2023, released a Notice of Proposed Rulemaking (NPRM) regarding the low-income community bonus credit under Section 48 of the Internal Revenue Code. The NPRM requests comments by June 30, 2023.
Treasury Department and IRS Release Direct Pay and Transferability Guidance
As part of the Inflation Reduction Act, certain taxpayers may elect for a direct payment in lieu of a tax credit.
IRS Issues Updated Energy Community Bonus Guidance
The IRS on June 15, 2023, updated its energy community bonus guidance by issuing Notice 2023-45 and Notice 2023-47. The IRS also recently issued energy community bonus guidance in Notice 2023-29.
IRS Releases 2023 Section 45 Production Tax Credit Amounts
The IRS on June 21, 2023, released 2023 production tax credit (PTC) amounts under Section 45 of the Internal Revenue Code.
Inflation Reduction Act: Answers to Key Questions on Direct Pay and Transferability
In this alert, the Holland & Knight Energy Tax Team answers many of the key questions on direct payment and transferability of tax credits as provided for under the IRA.
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