FacultyFaculty/Author Profile
Jeffrey H. Paravano

Jeffrey H. Paravano

Baker & Hostetler LLP

Washington, DC, USA

Jeff Paravano has a broad-based tax practice involving tax controversy, including tax litigation, and domestic and cross-border tax planning. He also represents taxpayers’ interests with regard to tax policy at Treasury, the IRS, and on Capitol Hill.

Mr. Paravano also serves as Managing Partner of Baker & Hostetler LLP’s Washington, D.C., office. He previously served as Firmwide Chair of the firm’s Tax Group, which is among the largest law firm tax practices in the United States. Before returning to the firm from Treasury in 2003, Mr. Paravano served as Senior Advisor to the Assistant Secretary, Tax Policy, at the United States Department of Treasury. While at Treasury, Mr. Paravano was responsible for providing advice on a wide range of tax policy and technical issues, including tax legislation and corporate, partnership, REIT, and banking tax guidance. He also was one of the primary authors of the final tax shelter regulations and is author of the Tax Management Portfolio on Tax Shelters, T.M. 798.

Mr. Paravano has assumed numerous positions of service in academia and to the legal profession. He is a Fellow of the American College of Tax Counsel and a member of the American Bar Association, Section of Taxation, where he has served in various capacities, including as Chair of the Affiliated and Related Committee and Chair of the Committee on Government Submissions (“COGS”). He has been an adjunct professor in the LL.M. tax program at Case Western Reserve University School of Law and Georgetown University Law Center, as well as a member of the Editorial Advisory Boards of various tax publications; President of the Tax Club and Editor in Chief of The Tax Lawyer. He has written and lectured extensively on tax topics and has served on numerous panels and task forces.

Mr. Paravano’s transactional tax practice includes assisting clients with structuring, negotiating, and documenting corporate, partnership, REIT, and limited liability company formation, merger, acquisition, disposition (including spin-off transactions, asset sales, stock sales, and Section 338(h)(10) transactions), joint venture, and financing transactions—working closely with clients, investment bankers, and the IRS National Office, as necessary, and adhering to aggressive timetables in order to maximize client business opportunities.

Mr. Paravano also provides independent advice to tax directors and board committees with respect to tax minimization strategies proposed by others or developed in-house. He has assisted multinational corporations with shelter regulation compliance, provided advice to professional service organizations regarding promoter audits, advised a national accounting firm regarding strengths and risks associated with certain tax minimization strategies, advised a global investment banking firm and other clients in connection with the development of procedures and internal controls with respect to tax minimization strategies and transactions affecting book income, and worked with IRS officials regarding development of the first three global settlement initiatives for Listed Transactions.

Mr. Paravano’s international tax practice includes assisting clients with multifaceted international matters, including structuring inbound and outbound business and real estate investments; cross-border mergers, dispositions, and joint ventures; reorganizing and restructuring multinational corporate groups; handling international controversies before the IRS and in the courts; and devising specialized planning involving transfer pricing, foreign entity classification, foreign tax credits, foreign currency transactions, profit repatriations, and tax treaty issues. He was a member of the team that represented a multinational oil company in the United States Tax Court where more than $1.3 billion in tax and interest was at stake with respect to a Section 482 transfer pricing issue alone.

Mr. Paravano has an undergraduate degree in accounting, cum laude, from John Carroll University, where he has served as a member of the Board of Regents. He received his law degree, magna cum laude, from Georgetown and his LL.M. in Taxation, with distinction, also from Georgetown. He is admitted to practice in New York, Connecticut, Ohio, Washington, D.C., Colorado and Maryland.

Jeffrey H. Paravano is associated with the following items:
Treatise Chapters  Treatise Chapters Tax Shelters: Appropriate Tax Minimization Planning and Compliance vs. Abusive Tax Avoidance Transactions and Penalties - The Corporate Tax Practice Series (2018 Edition), Thursday, February 15, 2018
Tax Shelters: Appropriate Tax Minimization Planning and Compliance vs. Abusive Tax Avoidance Transactions and Penalties - The Partnership Tax Practice Series (2018 Edition), Thursday, August 16, 2018

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