Mr Arnold May > Proskauer Rose LLP > Boston, United States > Lawyer Profile

Proskauer Rose LLP
ONE INTERNATIONAL PLACE, 14TH FLOOR
BOSTON, MA 02110-2600
MASSACHUSETTS
United States
Arnold May photo

Work Department

Tax

Position

Arnold P. May is a partner in Proskauer’s Tax Department and a member of the Private Funds Group. His practice focuses on tax planning for private equity fund managers in connection with their fund-raising and internal organizational matters, as well as investment activities.

In addition, Arnold represents U.S. and non-U.S. investors in connection with their investments in venture capital funds, buyout funds, hedge funds and other investment partnerships. In this capacity, as well as in connection with advising private equity funds with respect to their investment activities, he regularly advises on international tax issues that arise in connection with investments in the U.S. by non-U.S. investors (including non-U.S. investors subject to special U.S. tax treatment, such as governmental pension plans and tax-exempt organizations), as well as investments outside of the U.S. by U.S. persons. Arnold also has significant experience structuring tax-free and taxable mergers and acquisitions (including cross-border transactions), equity compensation arrangements and innovative financing techniques for investments in tax transparent entities such as partnerships, limited liability companies and Subchapter S corporations.

Arnold is a frequent speaker at industry conferences, including Financial Research Associates Tax Practices for Private Equity Funds, Institute for International Research Private Equity Tax Practices, Private Equity International Strategic Financial Management for Private Equity Firms, and Private Equity CFO Association. Highly-regarded for his thought leadership, Arnold is the editor of Private Equity International’s “US Tax Considerations for Investment Fund Structuring”, which was published in August of 2015. He also co-authored an article on “Management Company Structuring” (with Scott Jones) for the April 2008 Private Equity International Fund Structures Supplement.

Lawyer Rankings

United States > Tax > US taxes: non-contentious

Proskauer Rose LLP’s transactional tax team has considerable experience handling the full spectrum of corporate and financial taxation matters, with particular strength in the fund formation space. The group is also notably active in the sports sector, recently advising Major League Soccer on several issues, including the signing of soccer legend Lionel Messi by Inter Miami CF. Amanda Nussbaum, with considerable expertise structuring taxable and tax-free M&A, real estate transactions, and capital markets offerings, as well as in sports tax matters, heads the practice in New York. David Miller, also in New York, has broad experience encompassing the taxation of derivatives, private equity and hedge funds, lending transactions, multinational mergers, and workouts, among other issues. Scott Jones in Boston focuses on tax planning for private equity fund managers in relation to fundraising and internal organization matters. He also advises domestic and international investors on investments in venture capital, buyout, and hedge funds. Arnold May and Jeremy Naylor, both in Boston, are well known for advising fund managers and fund sponsors, respectively. Jamiel Poindexter, also in Boston, handles matters involving venture capital, buyout, and secondary funds, as well as other investment partnerships. Alan Parnes retired in April 2023.