Andrew Solomon has been a partner in Sullivan & Cromwell’s Tax Group since 1992. He has a broad-based practice, involving both tax planning and dispute resolution. Mr. Solomon served as managing partner of Sullivan & Cromwell’s Tax Group for 17 years, coordinating the Firm’s tax practice worldwide from offices in New York and London.
Mr. Solomon has been active in structuring and restructuring acquisitions, divestitures (including spin-offs) and joint ventures, especially cross-border transactions. He has represented numerous clients in obtaining rulings and other administrative relief from the Internal Revenue Service, and in connection with Internal Revenue Service audits and controversies (at the IRS Appeals Office and in court). Mr. Solomon has extensive experience advising financial institutions, including insurance companies, as well as banks and securities and commodities dealers. He also works closely with, and is familiar with the particular issues affecting, global industrial companies, technology and other companies that license intellectual property, natural resource companies (including both mining and oil and gas companies) and private equity and hedge funds.
Clients he has advised recently include: AIG, Ally Financial, Barclays, CNH Industrial, Fiat Chrysler Automobiles, RELX-Reed Elsevier, Rhône Group, Royal Philips and Total S.A.
Considered by Chambers and other rating services as one of the leading lawyers in the tax field, he is highly regarded for the quality of his advice on the taxation of complex financial instruments and capital markets transactions, including debt and equity restructurings.
J.D., Harvard Law School
A.B., Brown University
Bloomberg Tax Management Portfolios
This Portfolio provides a detailed description of the limitations imposed for federal income tax purposes on the use of a single economic loss twice.