Maynard Cooper's tax attorneys are experienced in advising and representing clients concerning all types of federal, state/local and foreign taxes. The firm provides general tax planning advice, tax consulting on issues related to business activities and transactions (including executive compensation, mergers and acquisitions and dispositions of stock or assets) and counseling through tax controversies.
Maynard Cooper’s tax attorneys provide advice and develop plans and structures for clients in connection with the organization and operation of business entities including corporations, partnerships and limited liability companies, in order to help clients reduce applicable federal, state/local and foreign taxes. In addition, our attorneys are experienced in identifying and negotiating state and local tax incentives, including tax abatements, income tax credits, site preparation grants and enterprise zone benefits (for more information, see description of our Economic Development and Incentives Practice Group). We routinely apply for letter rulings with the Internal Revenue Service and the Alabama Department of Revenue.
Maynard Cooper has a substantial Business Transactions Practice, and each such transaction raises significant tax issues. Our tax attorneys are experienced in assisting and advising our clients on tax issues in connection with all types of sophisticated business transactions.
Our tax attorneys handle all types of state and federal tax controversies. Maynard Cooper has been especially successful in Alabama state and local tax controversy work. In the last fifteen years, our clients have prevailed on the major issues in every single state and local tax controversy matter through appeal. These cases include the following:
- Norandal USA case involving statutory interpretation of application of intercompany loans to franchise tax calculation (Ala. Ct. of Civil Appeals)
- Magnolia Methane case involving the definition of Alabama’s franchise tax base (Ala. Ct. of Civil Appeals)
- Baptist Medical Center case reviewing the property taxation of property owned by a non-profit hospital (case of first impression) (Alabama Supreme Court)
- Baptist Health Care Foundation case considering whether a non-profit nursing home and vacant land held for expansion should be exempt from property tax(Alabama Supreme Court)
- Perelman(Den-tal-ez) case considering the apportionment of corporate income (Ala. Dept of Revenue Administrative Law Division)
- Union Foundry case on the application of sales tax to the purchase of oxygen used in a manufacturing process (Ala. Dept. of Revenue Administrative Law Division)
- Uniroyal Tire Company case addressing the application of the functional and transactional tests in defining “business income” in Alabama (case of first impression) (Alabama Supreme Court)
- HealthSouth Corporation v. Jefferson County case involving the application of Jefferson County sales tax to a related company lease transaction (Jefferson County Circuit Court)
- Chemical Waste Management case involving whether pollution control equipment and materials were exempt from sales and use taxes (Ala. Dept. of Revenue Administrative Law Division)
Our attorneys are experienced in dealing with tax authorities on all administrative levels, including the Alabama Department of Revenue and the Internal Revenue Service. We also have broad experience in handling tax controversies in the United States Tax Court, United States District Court and the United States Court of Appeals. Maynard Cooper’s Tax Practice is comprised of 18 attorneys, 15 of whom hold the LL.M. degree and one of whom was employed for several years as a trial attorney with the Office of Chief Counsel to the Internal Revenue Service. All of our tax attorneys are active in organizations of state and federal tax professionals, and regularly share our learning by lecturing to other lawyers and accountants both within the state of Alabama and throughout the United States.