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Tax Strategies for Corporate Acquisitions, Dispositions, Spin-Offs, Joint Ventures, Financings, Reorganizations & Restructurings 2015

 
Author(s): Matthew A. Rosen, Eric Solomon, Linda E. Carlisle
Practice Area: Tax
Published: Dec 2015
PLI Item #: 58293
CHB Spine #: D445, D446, D447

Eric Solomon is the Co-Director of Ernst & Young LLP’s National Tax Department in Washington, DC. Eric advises clients on a wide range of transactional and tax policy issues. He has more than 35 years of tax experience in private practice and government service.

Eric served as Assistant Secretary for Tax Policy at the U.S. Treasury Department from December 2006 to January 2009. As Assistant Secretary, he headed the Office of Tax Policy, which serves as the primary advisor to the Treasury Secretary on legal and economic matters relating to domestic and international taxation.

Eric joined the Office of Tax Policy in 1999. He served in both the Clinton and George W. Bush Administrations. He was Senior Advisor for Policy, Deputy Assistant Secretary (Tax Policy) and Deputy Assistant Secretary (Regulatory Affairs) prior to his 2006 confirmation as Assistant Secretary.

In recognition of his accomplishments at the Treasury Department, Eric received the Alexander Hamilton Award, which is the highest award for Treasury service, and the Distinguished Presidential Rank Award. The Tax Council Policy Institute presented Eric its first Pillar of Excellence Award for his contributions in the field of tax law and policy. The Tax Foundation and the Tax Executives Institute presented him their Distinguished Service Awards. The Taxation Section of the Federal Bar Association presented Eric the Kenneth H. Liles Award for Distinguished Service. He also received an outstanding achievement award from the Taxation Section of the State Bar of Texas and the first Distinguished Service Award presented by the Taxation Section of the State Bar of California.

From 1996 to 1999, Eric was a principal in Ernst & Young LLP’s National Tax Mergers and Acquisitions group in Washington, DC. Previously, he was Assistant Chief Counsel (Corporate) at the Internal Revenue Service, heading the IRS legal division responsible for all corporate tax issues. He began his career with law firms in New York City and was a partner at Drinker Biddle & Reath in Philadelphia.

Eric received his A.B. from Princeton University (Phi Beta Kappa), his J.D. from the University of Virginia and his LL.M. in taxation from New York University. He is a member of the Executive Committee of the Tax Section of the New York State Bar Association. He was Vice Chair for Government Relations for the American Bar Association Section of Taxation and is currently Vice Chair of the ABA Corporate Tax Committee. He is co-chair of the Practising Law Institute conference on Tax Strategies for Corporate Acquisitions and Dispositions.

Eric is an adjunct professor of law at Georgetown University Law Center, where he teaches a course in corporate taxation. He received the 2012-2013 Charles Fahy Distinguished Adjunct Professor Award for Georgetown University’s graduate law programs.