Michael Shulman has been Tax Team Leader since 2008.

His practice focuses primarily on the taxation of financial instruments, real estate transactions, and the formation and operations of hedge funds, private equity funds and regulated investment companies. He also has wide-ranging experience in domestic and cross-border mergers, acquisitions and restructurings and has advised on numerous debt restructuring transactions.

Professional Affiliations

• Executive Committee Member, New York State Bar Association Tax Section
• Former Chair of the Financial Transactions Committee of the American Bar Association

Publications

• Author, “Loans of Securities, Digital Assets, and Other Fungible Property (November 2021)
• Co-Author (with Nathan Tasso): “Changes to Derivatives ‘Pursuant to Their Terms,” Tax Notes (May 2017)

Speaking Engagements

• Panelist: “Current Topics in Taxation of Digital Assets,” Wall Street Tax Association (April 2022)
• Moderator: “Organizing and Selling Global Partnerships and Joint Ventures,” Practicing Law Institute (March 2022)
• Panelist: “Emerging Issues in Cryptocurrency,” Practicing Law Institute (January 2022)
• Panelist: “Cryptocurrency Developments, Including New Reporting Regimes in the United States and Abroad,” IFA USA International Tax Conference (December 2021)
• Panelist: “What Happened to the Realization Principle: A Critical Analysis of the Recent IRS Guidance Involving the Bitcoin Hard Fork,” (November 2021)
• Panelist: “MODA or Not, Congress Poised to Change Trading and Investing Tax Rules,” DC Bar Association Tax Section (October 2021)
• Moderator: “Cross-Border Capital Markets Transactions —SPACs and Up-Cs,” Practicing Law Institute (March 2021)
• Moderator: “Partnership Tax Developments: TCJA Meets Pandemic,” New York State Bar Association Tax Section Summer Meeting (January 2021)
• Panelist: Financial Products Panel, Wall Street Tax Association (November 2020)
• Panelist: “Current Tax Topics – LIBOR Transition, Section 1001, 871(m) and 163(j),” ISDA Virtual Conference (October 2020)
• Panelist: “Interest Expense and the 860 Pages of New Section 163(j) Regulations,” Tax Executives Institute Annual Conference (October 2020)
• Panelist: “Recent Tax Developments in Financial Products Including LIBOR Transition,” Committee of Banking Institutions on Taxation (November 2019)
• Moderator: “Impact investing: How should fund managers and developers approach impact investing in OZs,” 2019 Opportunity Zone Expo (October 2019)
• Moderator: “Newfound Relevance for Age Old Issues: How the 2017 Tax Act Has Reignited Long-Standing Financial Product Debates,” American Bar Association Tax Section, Summer Meeting (May 2019)
• Panelist: “Partnership Issues under the 2017 Tax Act,” Practicing Law Institute 2017 Tax Act Update (March 2019)
• Moderator: “Qualified Opportunity Zones,” American Bar Association Tax Section, Winter Meeting (January 2019)
• Panelist: “Interest Expense Limitation Under Section 163(j): Tiered Entities,” 2018 USC Tax Institute (January 2019)
• Panelist: “Section 163(j) Part Two: Interaction with Other Code Sections,” Practicing Law Institute Taxation of Financial Products and Transactions 2019 (January 2019)
• Panelist: “New Limitations on Deducting Business Interest, Old Limitations on Deducting Other Interest, and Related Debt/Equity Questions,” 53rd Annual Southern Federal Tax Institute (October 2018)
• Moderator:  “Aggregate vs. Entity Theory after TCJA,” New York State Bar Association Tax Section Summer Meeting (July 2018)
• Moderator: “Debt Restructuring in Response to the 2017 Tax Act,” American Bar Association Tax Section, May Meeting (May 2018)
• Panelist: “Fund and Portfolio Company Operations in Light of the New Tax Act,” Private Investment Fund Tax Master Class (May 2018)
• Panelist: “163(j),” DC State Bar Association Tax Section (April 2018)
• Panelist: “Disruption and Uncertainty in Partnership Tax,” New York State Bar Association Tax Section Winter Meeting (January 2018)
• Moderator: “The Changing Landscape of Variation Margin, and the Tax Consequences for Cleared and Uncleared Swaps,” American Bar Association Tax Section, Fall Meeting (September 2017)
• Moderator: “Application of Section 1001 to Changes to Derivatives,” American Bar Association Tax Section, May Meeting (May 2017)