Basswood Counsel advises sponsors and investors on all aspects of domestic and cross-border investment funds. We guide clients at each stage of the fund life cycle, from formation and management, transactions and investments, optimization of fund and portfolio company operations and exit planning. The global scope of our practice gives us the ability to deliver comprehensive advice, including supporting significant non-U.S. investors who are regularly involved in cross-border investments and tax concerns of tax-exempt investors.
Our tax lawyers ensure that the fund is structured and documented to minimize the tax burden to its investors and sponsors. Our team offers extensive counseling with respect to complex tax issues confronted in U.S. and foreign investment companies and investment managers such as tax issues relating to structuring and developing new funds and products, revenue arrangements, disclosure, and ongoing tax compliance. We advise on outbound investments to minimize controlled foreign corporation (CFC) and passive foreign investment company (PFIC) issues and on tax efficient structures.