Day Pitney Multistate Tax Practice Chair Scott Brian Clark was recently appointed to Bloomberg Tax's State Tax Advisory Board. Composed of a select group of noted tax professionals from around the country, the Board will assist Bloomberg Tax in navigating the world of Multistate Taxation in particular as it impacts their various publications.
Over many years, Clark, has been nationally known for his significant work in the state tax arena. He is well-versed in the intricacies of state tax planning, audits and tax controversy all around the country. For years he has been at the cutting-edge of tax issues impacting income and sales taxes, transfer taxes, global communications and digital taxes, and including issues of personal residency, domicile, income apportionment and nexus for some of the most prominent companies and high net-worth individuals and personalities. He is also a Fellow of the American College of Tax Counsel, serves on several tax editorial boards and tax executive committees, and is both a Certified Public Accountant and an active member of the bar in several states.
Click here to learn more about Bloomberg Tax Advisory Boards.
Day Pitney Trusts and Estates Attorneys Andrew M. Nerney and Grant W. Silvester authored the article, "U.S. Appeals Court: Deathbed Checks Are Includible in Decedent's Estate," for WealthManagement.com, which discusses a recent ruling by the U.S. Court of Appeals in the Third Circuit on deathbed gifting.
Day Pitney Private Client Department Senior Associate Claire N. Carrabba authored the article, "The Tax-Saving Potential of Gifts and Sales to Family Trusts," for WealthManagement.com.
Day Pitney Multistate Tax Practice Chair Scott Clark authored the article, "Changing Domicile For Tax Purposes Is Beneficial If Done Correctly," for Family Wealth Report.
Day Pitney Press Release
In May 2023, Day Pitney represented a state pension fund in connection with a $1 billion investment in an open-ended "fund of one" formed by an asset management company focused on acquiring below investment-grade broadly syndicated loans through an intermediate bankruptcy remote holding company.
In February 2023, Day Pitney represented a Singapore-based investment management firm in connection with the formation of an ERISA “hardwired” master-feeder fund structure focused on investing primarily in the Australian resources sector using a long/short investment approach.
In April 2022, Day Pitney represented a Singapore-based investment management firm in connection with the formation of an ERISA "hardwired" master-feeder fund structure focused on investing primarily in Asian healthcare companies.
Day Pitney Multistate Tax Practice Chair Scott Clark has joined the Harness Tax Advisory Council (HTAC) as a HTAC Member.
In December 2022, Day Pitney represented a state pension fund in connection with a $500 million investment in a closed-end "fund of one" formed by an asset management company focused on direct private credit opportunities in the form of senior, mezzanine and opportunistic loans to lower middle market companies.
Day Pitney Tax Partner Justin Hannan and Tax Associates Mariano Beecher and Emily Byrnes authored the article, "Seven States Introduce Legislation Aimed at the Wealthy," for WealthManagement.com.
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