Timothy Shuman > McDermott Will & Emery LLP > Washington DC, United States > Lawyer Profile

McDermott Will & Emery LLP
THE MCDERMOTT BUILDING, 500 NORTH CAPITOL STREET, NW
WASHINGTON, DC 20001-1531
DISTRICT OF COLUMBIA
United States
Timothy Shuman photo

Work Department

U.S. & International Tax

Position

Timothy (Tim) S. Shuman is the Global Head of Tax 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.

Lawyer Rankings

United States > Tax > Financial products

The team at McDermott Will & Emery LLP prides itself in its capabilities in developing new financial products, adapting existing products to suit client needs, and handling the transactional and tax aspects of various parties in public finance transactions. The practice is headed by New York-based John Lutz and Washington DC-based Timothy Shuman. Lutz’s enviable client base consists of key players across a diverse range of industries whom he advises on the tax aspects of investment funds, structured finance, and corporate mergers. Miami based Michael Bruno advises multinational companies and individuals on US and international tax matters while New York William Pomierski focuses his practice on the federal income tax implications of domestic, cross-border and global financial products and capital markets transactions.

United States > Tax > International tax

The team at McDermott Will & Emery LLP is well regarded for its ‘mastery and strategic planning’ in supporting clients with complex cross-border transactions and multinational tax issues requiring coordination of different tax regimes. The firm is well regarded for prioritizing the tax aspects of M&A matters and private equity transactions. Practice head Timothy Shuman, who sits in the Washington DC office, has significant expertise handling corporate and international matters across a vast range of tax advisory projects. Also in Washington DC, Michael Wilder specializes in corporate and international tax issues, including mergers and restructurings. Based in Chicago, Lowell Yoder specializes in international corporate tax planning, advising on a range of complex transactions and restructurings. Florida-based Caroline Ngo  advises multinational companies and entrepreneurs on US and international tax matters. New York-based John Lutz advises clients on tax aspects of investment funds, structured finance, and corporate mergers. In 2024, Susan Ryba, Mohsen Ghazi and Hudson Todd joined the firm.

United States > Tax > US taxes: non-contentious

Well-versed in high-value deals with expertise in complex tax-specific matters, McDermott Will & Emery LLP’s practice extends to restructuring and private client work, international comprehensive federal tax advice, and advising high-profile clients, including PepsiCo, Credit Suisse, and Bank of America. Global head Timothy Shuman in Washington DC focuses on corporate and international tax matters, including cross-border deals and tax issues involving private equity funds. Michael Bruno in Florida advises multinational companies and entrepreneurs on domestic and international tax matters. Lowell Yoder, based in Illinois, specialises in international acquisitions and restructurings. Florida’s Steven Hadjilogiou advises on tax planning and structuring alongside Dominika Korytek in California, who also has a specific focus on companies in the tech industry. New-York based John Lutz has expertise in tax aspects of investment funds, structured finance, and corporate mergers. Illinois-based Jeffrey Maydew handles business taxation, M&A, and tax planning in the aerospace, defense, e-commerce, and pharma industries. Washington DC’s Caroline Ngo and David Noren are experts in international tax planning, and head of corporate tax practice, Michael Wilder, advises on post-merger corporate integration and high-profile transactions. Joining the firm during 2024 were Susan Ryba from Baker McKenzie LLP, Mohsen Ghazi from in-house, and Hudson Todd from Ropes & Gray LLP.