Mr Amit Kalra > Sheppard, Mullin, Richter & Hampton LLP > Chicago, United States > Lawyer Profile

Sheppard, Mullin, Richter & Hampton LLP
321 North Clark Street
32nd Floor
Chicago, IL 60654
ILLINOIS
United States
Amit Kalra photo

Work Department

Tax

Position

Amit Kalra, PC is a partner in the Tax, Employee Benefits and Trusts and Estates Practice Group in Sheppard Mullin’s Chicago office.

Amit concentrates his practice on tax controversy and partnership taxation, with an emphasis on partnerships and pass-through entities that own and operate assets entitled to significant federal income tax benefits.

Amit is frequently involved in the structuring and formation of partnerships that own and operate alternative energy resources. His experience includes the pricing of partnership investments through the preparation of pro forma economic models that incorporate relevant federal income tax assumptions and constraints to accurately determine the expected after-tax return on a partnership investment. Amit is also actively involved in the emerging market for financing other alternative energy resources, including: ethanol, biodiesel, biomass, solar and fuel cell facilities. His partnership practice includes all forms of direct investments in partnerships and pass-through entities, including private equity fund formation and investment. In addition, he counsels clients in private equity and venture capital portfolio investments.

Amit represents clients before the IRS Appeals Office on numerous federal income taxation issues, including the defense of purported tax shelters and their related penalties, the characterization of true lease transactions, the tax consequences of complex debt workouts and the treatment of sophisticated financial products.

Education

J.D., University of Chicago, 1997, cum laude

B.S., Washington University, 1994

Lawyer Rankings

United States > Energy > Renewable/alternative power

The energy, infrastructure and project finance team at Sheppard, Mullin, Richter & Hampton LLP continued its growth in 2022, with notable new hires including San Francisco’s expert for power purchase agreements Thomas W. Solomon, regulatory and transactional renewables partner Joseph Karp,  real estate lawyers  Lisa Cottle in San Francisco and Los Angeles based Christine A. Kolosov, all four joining from Winston & Strawn LLP in April 2022. The team is led jointly by Chicago’s Katherine M. Gillespie and Anthony L. Toranto in Del Mar, who each have extensive experience in the structuring, financing, acquisition, and disposal of renewables projects. The firm advises on projects including wind, solar, geothermal, biomass, hydrogen and storage, and is particularly strong on tax equity financing, with Chicago tax partners Amit Kalra and Andrew Ratts both recommended here. With a particular focus on transactions, such as lending, leasing and tax credit, Chicago’s Katarzyna Levecke is also noted.