Mr William McRae > Cleary Gottlieb Steen & Hamilton > New York, United States > Lawyer Profile
Cleary Gottlieb Steen & Hamilton Offices

ONE LIBERTY PLAZA
NEW YORK, NY 10006
NEW YORK
United States
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Mr William McRae

Position
William McRae is a partner based in the New York office. Mr. McRae’s practice focuses on taxation and related matters, including structuring investments into the United States for non-US sovereign investors; the tax aspects of corporate acquisitions; the tax aspects of forming and investing in private equity funds, real estate funds and other investment vehicles; international tax planning for multinational corporate groups (FTC planning and repatriation strategies), tax aspects of restructurings (preservation and utilization of NOLs and other tax attributes, management of COD income); and the taxation of equity derivatives and other financial products. He also regularly publishes articles on Section 892 issues, and was a principal author of a June 2008 report by the New York State Bar Association Tax Section, “Report on the Tax Exemption for Foreign Sovereigns Under Section 892 of the Internal Revenue Code.”
Career
Joined firm, 1996; became partner, 2005; LLM in taxation, New York University; JD, cum laude, Harvard Law School (1996); BA, magna cum laude, Williams College (1991).
Memberships
Mr. McRae is a member of the Bar of New York, and the New York State Bar Association, where he serves on the Tax Section Executive Committee.
Lawyer Rankings
United States > Tax > Financial products
(Leading partners)The tax practice at Cleary Gottlieb Steen & Hamilton supports global powerhouse corporations, high-profile financial institutions and sovereign wealth funds with tax advice relating to a wide range of financial products as well as advising clients on the IRA’s renewable energy tax credits. The team has particular strengths in advising on the taxation of cryptocurrencies, private equity, derivatives, and hedge fund deals. The tax team, headed by New York-based Meyer Fedida , comprises of Jason Factor , who has extensive expertise in private equity and hedge funds, William McRae , who has extensive expertise in the taxation of equity derivatives and other financial products, and Diana Wollman whose practice focuses on tax controversy and complex transactions. Susanna Parker, who is also based in New York, is recognized for her knowledge of continuation funds, secondaries, and other structured fund investments. Based in the Bay Area, Maureen Linch, alongside her expertise on a wide range of transactional and structuring matters, has significant experience in the renewable energy space.
United States > Tax > International tax
Cleary Gottlieb Steen & Hamilton advises multinational clients, financial institutions, investment funds, governments, and individuals on the full range of international tax matters including mergers, acquisitions, joint ventures, start-ups, and cross-border direct investments. Practice head Meyer Fedida regularly supports clients with the tax aspects of complex multijurisdictional M&A, private equity deals, as well as fund formation matters. Jason Factor focuses on domestic and international tax aspects related to private equity and hedge funds, partnership and joint venture arrangements, divestitures, private clients’ tax work, real estate, and financing transactions. William McRae has a special focus on taxation of non-US sovereign wealth funds as well as international tax planning for multinational corporate groups, among other specific tax issues. Leslie Samuels‘ practice covers all aspects of international and domestic taxation, including mergers and acquisitions, new financial products and foreign direct investment in the US. Diana Wollman has expertise in international tax controversy issues and complex M&A. Susanna Parker supports clients with tax issues relating to private equity and hedge funds whilst Maureen Linch, who is based in the Bay Area, focuses on advisory tax matters that affect both domestic and international businesses. All lawyers mentioned are in New York unless otherwise stated.
United States > Tax > US taxes: non-contentious
Cleary Gottlieb Steen & Hamilton’s leading non-contentious tax team offers an integrated global service to multinational companies, financial institutions, investment funds, governments, and individuals, among other clients. The group regularly handles complex multibillion-dollar transactions, recently representing private financial services and SaaS company Stripe Inc. in relation to its $6.5 billion Series I preferred stock fundraise. Practice head Meyer Fedida has an excellent reputation for his expertise in private equity M&A and fund formation matters. Jason Factor‘s considerable experience encompasses M&A, fundraisings, private funds liquidity, and alternative transactions. William McRae advises private equity funds, real estate funds, and other investment vehicles, as well as several of the world’s leading sovereign wealth funds. Diana Wollman offers public and private sector expertise, while Susanna Parker, promoted to partner in January 2023, is particularly strong in matters involving private equity and hedge funds, continuation funds, secondaries, and other structured fund investments. Maureen Linch, based in the firm’s Bay Area office, has notable experience in the renewable energy space, advising on the new energy tax credits introduced by the Inflation Reduction Act. Senior Counsel James Peaslee has vast experience in finance tax matters, with particular expertise in securitization tax. All named lawyers are based in New York, unless otherwise noted.
Lawyer Rankings
- Financial products United States > Tax
- International tax United States > Tax
- Leading partners United States > Tax > Financial products
- US taxes: non-contentious United States > Tax
Top Tier Firm Rankings
- Finance > Capital markets: debt offerings
- Finance > Capital markets: global offerings
- Antitrust > Cartel
- Antitrust > Civil litigation/class actions: defense
- Dispute resolution > E-discovery
- Labor and employment > Employee benefits, executive compensation and retirement plans: transactional
- Tax > Financial products
- Dispute resolution > Financial services litigation
- Finance > Financial services regulation
- Dispute resolution > International litigation
- Tax > International tax
- Finance > Project finance
- M&A/corporate and commercial > M&A: large deals ($1bn+)
- Antitrust > Merger control
- Real estate > Real estate finance
- Dispute resolution > Securities litigation: defense
- Finance > Structured finance: derivatives and structured products
- Tax > US taxes: non-contentious
Firm Rankings
- Finance > Capital markets: equity offerings
- Finance > Capital markets: high-yield debt offerings
- M&A/corporate and commercial > Corporate governance
- Dispute resolution > M&A litigation: defense
- M&A/corporate and commercial > Private equity buyouts: large deals ($500m+)
- Investment fund formation and management > Private equity funds (including venture capital)
- Finance > Restructuring (including bankruptcy): corporate
- Finance > Structured finance: securitization
- International trade and national security > CFIUS
- Media, technology and telecoms > Cyber law (including data privacy and data protection)
- Energy > Energy transactions: electric power
- Energy > Energy transactions: oil and gas
- Finance > Fintech
- Dispute resolution > General commercial disputes
- Finance > Project finance
- Dispute resolution > International arbitration
- Intellectual property > Patents: licensing
- Media, technology and telecoms > Technology transactions
- International trade and national security > Customs, export controls and economic sanctions
- Real estate > Real estate
- Finance > Commercial lending
- Dispute resolution > Corporate investigations and white-collar criminal defense
- M&A/corporate and commercial > Shareholder activism