Mr. Young was previously a senior manager of international tax at KPMG LLP, where he specialized in complex corporate transactions. He has also practiced tax law at another international law firm. His experience with outbound consulting includes advising U.S. public multinationals and private equity portfolio companies on a broad range of international tax matters, such as structuring foreign acquisitions, internal restructurings, out-from-under planning, and check-the-box loss planning. Other outbound topics Mr. Young focuses on include repatriation, cross-border financing, foreign tax credit utilization, IP planning, supply chain planning, and various Subpart F and PFIC matters, as well as general corporate tax matters.
Mr. Young has also advised a wide variety of clients, from public and private enterprises to sovereign funds, on a range of inbound U.S. tax matters, such as structuring U.S. acquisitions and dispositions, cross-border financing, qualification for treaty benefits, the foreign government exemption, internal restructurings, investing in private equity and hedge funds, FIRPTA, IP planning, and permanent establishment issues.
Mr. Young is also experienced in the areas of private equity, mergers and acquisitions, IRS rulings, securities and finance, and corporate restructuring and bankruptcy.
“We are delighted to welcome Tom to the Firm,” said Lowell D. Yoder, partner and head of McDermott’s U.S. & International Tax Practice Group. “Our clients face increasingly complex tax challenges and they turn to us for guidance and solutions on a global basis. Tom brings a wealth of valuable knowledge and experience dealing with just such sophisticated tax issues. He will enhance our ability to deliver strategic tax advice and practical solutions to our clients across industries and around the globe.”
Mr. Young received his J.D., cum laude, from the University of Michigan Law School in 2002. He earned his A.B., cum laude, from Kenyon College in 1999.
McDermott’s tax practice has been widely recognized as one of the nation’s leading tax groups. In 2014 the legal news outlet Law 360 named McDermott a “Tax Practice Group of the Year.” McDermott was also named "Law Firm of the Year" in Tax Law in the 2013 ”Best Law Firms” rankings published by U.S. News Media Group and Best Lawyers.
With more than 250 lawyers, McDermott has one of the largest law firm tax practices in the world, advising on all tax-related areas, including corporate, employee benefits, estate and gift tax (private client), state and local taxation, and international matters. McDermott’s tax practice has evolved in response to the increasing tax and regulatory burdens imposed by governments. McDermott’s depth and sophisticated resources enables the Firm to serve a client’s every tax need.
About McDermott Will & Emery
McDermott Will & Emery is a premier international law firm with a diversified business practice. Numbering more than 1,000 lawyers, we have offices in Boston, Brussels, Chicago, Dallas, Düsseldorf, Frankfurt, Houston, London, Los Angeles, Miami, Milan, Munich, New York, Orange County, Paris, Rome, Seoul, Silicon Valley and Washington, D.C. Further extending our reach into Asia, we have a strategic alliance with MWE China Law Offices in Shanghai.