Admitted to Practice
Pennsylvania
New Jersey
U.S. District Court
Ernest Lee's experience covers all aspects of federal, state, local and international income taxation. He provides advice to businesses, including S corporations, C corporations, limited liability companies and partnerships, and individuals.
Areas of Practice
Business and Corporate Federal Tax Experience:
In addition to extensive US federal, state and local tax compliance experience, Ernest Lee has experience advising clients regarding various corporation and partnership tax and business issues including the following:
- corporate reorganizations, mergers, acquisitions, spin-offs, leveraged buyouts and workout and bankruptcy matters;
- entity formation, entity classification and basis adjustment elections,
- tax-efficient acquisition and disposal structures for both vendors and purchasers;
- due diligence at both the bidding stage and at the preferred bidder stage;
- cash-based, share-based and carried-interest incentive arrangements and executive compensation;
- tax efficient pre-sale and post-sale reorganisations;
- cross-border transactions, including international lending, foreign currency hedging, interest rate swaps and the organization of international finance subsidiaries;
- drafting and negotiating tax indemnities and tax warranties;
- oil and gas transactions involving production payment, overriding royalty and other similar interests;
- real estate tax issues, including REITs and like-kind exchanges; and
- state and local tax planning for corporations, partnerships and individuals.
Education
Penn State University, Dickinson School of Law, J.D.
- Studied International and Comparative Legal and Tax Systems at the University of London, Institute for Advanced Legal Studies
University of Hawaii at Manoa, B.A.
Bar Admissions
Commonwealth of Pennsylvania 2003
State of New Jersey 2003
U.S. District Court 2003