FacultyFaculty/Author Profile
Gary R. Huffman

Gary R. Huffman

Vinson & Elkins LLP

Washington, DC, USA

Gary’s practice focuses on domestic and international tax planning, with a particular emphasis on partnerships, financial products, and natural resources. For more than 25 years, Gary has advised major multinationals, including some of the world’s largest banks, and oil and gas exploration and production companies, on both “inbound” and “outbound” transactions. He adds to the firm's depth of experience in oil and gas taxation, as well as in the structuring of, and raising capital for, master limited partnerships (MLPs). Gary also has led major corporate acquisitions, dispositions, and spin-off transactions, and has structured countless strategic alliances and joint ventures, both domestic and international.

Gary co-authored the treatise Federal Taxation of Partnerships and Partners, (Warren, Gorham & Lamont, 4th edition, copyright 2007). He is an adjunct professor in the Georgetown University Graduate Tax Program, where he has taught advanced partnership taxation for over a decade. A frequent lecturer on complex tax partnership issues, Gary is a regular speaker with the Practicing Law Institute, and has addressed audiences at the National Institute of Tax Professionals, the Tax Executives Institute, the Texas Federal Tax Institute, and the Southern Federal Tax Institute.

Experience Highlights

  • International Paper Co. in the transfer of its $1.8 billion North American consumer packaging business to a joint venture with Graphic Packaging Corp.
  • Anadarko Petroleum Corporation in its issuance of $460 million of Tangible Equity Units
  • Sunoco Logistics Partners LP in its $20 billion merger with Energy Transfer Partners in a unit-for-unit transaction
  • Occidental Petroleum Corporation in the spin-off of its California oil and gas business into an independent and separately traded company, California Resources Corporation
  • Marathon Oil Corporation in the spin-off of midstream and refining assets into Marathon Petroleum Corporation
  • Special Tax Counsel to Hess Midstream Partners in its $391 million initial public offering
  • Western Gas Partners LP in its initial public offering of 7.5 million common units
  • Oil States International in the $2.6 billion spin-off of its accommodations business into Civeo Corporation
  • Energy XXI in its $2.3 billion acquisition of EPL Oil & Gas Inc., creating the largest publicly traded independent oil and gas producer on the Gulf of Mexico Shelf
Gary R. Huffman is associated with the following items:
Treatise Chapters  Treatise Chapters Final Section 197 Regulations: Application to Partnership Transactions - The Corporate Tax Practice Series (2018 Edition), Thursday, February 15, 2018
Final Section 197 Regulations: Application to Partnership Transactions - The Partnership Tax Practice Series (2018 Edition), Thursday, August 16, 2018
CHB Chapters  CHB Chapters Everyone Out of the Pool! (and into the Tax Partnership) (PowerPoint slides) - Tax Planning for Domestic & Foreign Partnerships, LLCs, Joint Ventures & Other Strategic Alliances 2018, Tuesday, May 01, 2018

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