Peter Faber wrote this bylined article discussing state and local tax (SALT) issues that arise in drafting corporate acquisition agreements. Mr. Faber urged tax practitioners to “get involved in planning the structure of the transaction from the outset. State and local taxes can often be saved by advance planning, and potential disasters can often be avoided by simple restructurings that do not upset the parties’ business objectives. If the SALT practitioners are not part of the planning team from day one, this cannot be done.”