Jim McCann has extensive experience in the areas of domestic and international taxation. Jim counsels clients regarding all tax aspects of domestic and cross-border investments and business transactions; structuring, launching, and operating pooled investment vehicles, such as hedge funds and private equity funds; and various forms of business formation, financing and reorganization, such as mergers, acquisitions, partnerships and joint ventures. Representative clients include pooled investment funds and their managers, privately-owned businesses, and high-net-worth individuals. Jim has particular experience in structuring foreign investments in U.S. real estate, including offshore fund investments in commercial and multifamily residential real estate. He has also advised small and mid-cap public companies and government-owned businesses.
Cornell University Law School (J.D. cum laude, 1997)
Managing Editor, Cornell International Law Journal
Rutgers University (B.A., 1994)
1998, New York and Massachusetts
“Tax Reform,” Goldman Sachs Fourth Annual Hedge Fund Legal and Regulatory Seminar, speaker, March 2018
“Hedge Funds and New IRS Partnership Audit Regulations”, Strafford Webinar, speaker, October 2016
“New Partnership Audit Rules”, Managed Funds Association G.C. Forum, speaker, June 2016
"Joint Venture Agreements: Key Issues," Association of the Bar of the City of New York, speaker, May 2015 and 2016
"Double Tax Conventions," Principles of International Taxation, BNA/CITE, speaker, November 2012, 2013, 2014
"U.S. Income Tax and Treaty Aspects of Doing Business in the United States," Current U.S. Tax Planning For Foreign-Controlled Companies, BNA/CITE, speaker, June 2013
"Special Tax Issues in Inbound M&A Transactions," "Special Tax Issues in Outbound M&A Transactions" and "Contingent Liabilities in Merger and Acquisition Transactions," 12th Annual Conference on US Taxation of Mergers & Acquisitions, BNA/CITE, speaker, April 2013
"Contingent Liabilities in Merger and Acquisition Transactions," 11th Annual Conference on US Taxation of Mergers & Acquisitions, BNA/CITE, speaker, May 2012
"Unrelated Business Taxable Income -- What Every Fund Should Know," Hedge Fund Tax 101 Seminar, Financial Research Associations, co-speaker, January 2012
"Introduction to Hedge Fund Taxation," New York University School of Continuing & Professional Studies, Fall 2008-Fall 2011
"Recent Legislative and Tax Developments in Cyprus," Harvard Club of New York City, September 2007
"Application of Carried Interest Rules to GP Capital Accounts,"
Wells Fargo Prime Services Business Consulting Quarterly Report, July 2018
"Hedge Funds - Tax Issues and Planning to Consider Before Year-End,"
Bloomberg BNA Daily Tax Report, December 2016
"Coming to America: U.S. Tax Planning for Foreign Small Business Owners,"
Bloomberg BNA Daily Tax Report, March 2016
"Time is nearly up to tackle tax planning for deferred fees,"
Absolute Return, November 2015
"Tax Planning for the International Small Business (Outbound Edition)," Bloomberg BNA, May 2014
"The Expatriation Tax Regime: Surprises, Problems, and Planning Techniques," Bloomberg BNA Tax Management International Journal, October 2013
"Potential Tax Benefits of Private REITs for Hedge Funds and Private Equity Funds," Marcum Private Investment Forum, Spring 2012
New York City Bar Association, Tax Section