Überblick
Timothy (Tim) S. Shuman is the head of McDermott’s US & International Tax Practice and is based in the Washington, DC office. He focuses his practice on corporate and international tax matters for US and non-US multinationals, with particular emphasis on domestic and cross-border acquisitions, dispositions, restructurings and liquidations. He has been involved in more than a dozen spin-offs by publicly traded companies, plus several involving privately held companies. He has served as lead tax counsel in some of the most significant public M&A transactions over the past several years. He advises clients on internal spin-offs and tax-free reorganizations and regularly represents clients in obtaining private letter rulings and other guidance from the Internal Revenue Service (IRS). He also advises on tax issues involving private equity funds and regulated investment companies.
Tim also regularly counsels clients on international tax issues, including tax-efficient repatriation strategies, tax basis planning, supply chain planning, principal structures, and foreign tax credit planning. He has represented a number of clients before the IRS in connection with audits and the IRS appeals process, including with respect to worthless stock losses, foreign tax credits and Subpart F income issues.
Ausgewählte Referenzmandate
- Representing Chevron Corporation as special tax counsel in its announced acquisition of Noble Energy
- Representing Coty in its announced disposition of a 60% stake in its professional beauty business to KKR
- Representing Coty in its announced acquisition of a 20% stake in Kim Kardashian West’s beauty business
- Represented JDE Peet’s as US tax counsel in its initial public offering
- Represented JAB Holding Company in its acquisitions of Compassion-First Pet Hospitals and National Veterinary Associates
- Represented Coty in its $600 million acquisition of a 51% stake in Kylie Jenner’s cosmetics and skin business
- Represented Belden Inc. in the disposition of its Grass Valley media business
- Represented Keurig Green Mountain in its announced combination with Dr Pepper Snapple Group
- Represented JAB Holding Company in a number of transactions in the food and beverage industry, including its acquisitions of Panera Bread Company, Keurig Green Mountain, Krispy Kreme Doughnuts, and Einstein Noah Restaurant Group
- Represented Dover Corporation in its spin-off of its upstream oil and gas business, Apergy Corporation
- Represented CVS Health in its $69 billion acquisition of Aetna
- Represented Coty in its $12.5 billion “reverse Morris Trust” acquisition of beauty brands from Procter & Gamble
- Represented Tyco International in its merger with Johnson Controls, Inc.
- Represented a Fortune 500 health care company on post-acquisition integration of an acquired business
- Represented D.E. Master Blenders 1753 BV in its global coffee joint venture with Mondelez International
- Represented NACCO Industries, Inc. in its spin-off of Hamilton Beach Brands and Hyster-Yale Materials Handling
- Represented Belden, Inc., in its acquisition of Tripwire for $710 million
- Represented a Fortune 500 consumer products company in the restructuring of foreign holding companies
- Represented a Fortune 500 consumer products company in the structuring of internal transactions preparatory to external spin-off.
Auszeichnungen
- International Tax Review, “Tax Impact Deal of the Year”, 2021
- Chambers USA, 2020 – 2021, Up and Coming; Tax
- The American Lawyer, “Dealmaker of the Week”
- Legal 500 US, 2016 – 2021, Tax
- Law360 Rising Star
Mitgliedschaften
- DC Bar, Tax Section, Corporate Tax Committee
Qualifikation
Education
Yale University – Yale Law School, JD, 2006
Vanderbilt University, BA, summa cum laude, with honors, and Phi Beta Kappa, 2003
Admissions
District of Columbia
Languages
Spanish
English
