The most rewarding part of my practice is working with business owners who have a personal stake in every decision we make together. I have a strong understanding of their businesses and the unique tax efficiencies available in different entity and transaction structures. Once I know what’s most important to my clients, I can brainstorm various ways to structure deals, maximize tax savings and protect them from risk.
Leader of the Tax Planning and Structuring Practice Group, Dan Kroll is a corporate and tax lawyer with more than two decades of broad experience. He assists clients with diverse needs ranging from inbound and outbound federal income tax planning, to partnership and corporate law matters, to structuring and business issues impacting the real estate industry from the perspective of developers, middle-market businesses and high-net-worth individuals. Whether his client is a global developer negotiating a complex property acquisition or a family partnership selling its business to a private equity fund, Dan focuses on learning each client’s unique objectives and designing the best strategy to close the deal and maximize tax efficiency.
Dan advises clients across many industries on the federal income tax consequences of a variety of transactions, including joint venture formations, acquisitions, operations and dispositions. He is also experienced in resolving the tax issues arising in structuring drilling partnerships and maximizing tax benefits to both the drillers and the investors. Some of Dan’s unique practice niches include creating key employee compensation initiatives using profits interests and phantom equity, and structuring investments by tax-exempt investors to minimize or avoid unrelated business taxable income (UBTI).
Dan has negotiated and structured numerous private equity transactions, including representation of both buyers and sellers in deals involving master limited partnerships (MLPs) and private equity funds. He has handled an increasing number of private equity acquisitions from the seller’s perspective, advising business owners on appropriate sales price, tax incentives, rollover equity, employment agreements and much more.
Dan is also helping clients assess the impact of the 2017 federal tax law changes on their specific businesses, with a focus on the new carried interest rules, long-term capital gains treatment and reevaluation of clients’ entity and transaction structuring to ensure maximum tax efficiency moving forward.
A former CPA at a Big Four accounting firm, Dan has been an adjunct law professor at the University of Houston Law Center since 2006, where he teaches federal income tax consequences of real estate investments and transactions to L.L.M. students.