Seventy-six attorneys from global law firm Greenberg Traurig, LLP are recognized in the 2025 edition of the prestigious legal services directory Chambers Global Guide. The global guide also recognized the firm in 32 practice areas across 12 regions, including Israel.
Chambers and Partners, a UK–based publisher, selects attorneys for inclusion in its guides based
As we kick off the new year, you are invited to listen to Episodes 1 and 2 of Greenberg Traurig’s Big Law Redefined Podcast’s Immigration Insights series titled, “Navigating the EB-5 Program: Insights and Updates” and “Navigating US Immigration Law and Tax Complexities for High-Net-Worth Individuals.”
In the first episode, attorneys
The issuance of a partnership profits interest is a tax-efficient tool for a partnership (including an LLC or other entity treated as a partnership for tax purposes) to incentivize its employees or other service providers. If structured properly, the grant of a profits interest should not constitute a taxable event for the recipient. In addition
Miami Shareholder Scott J. Bakal authored an Op-Ed for Israel’s economic journal Globes. Relevant for U.S. citizens, Israelis with children in the U.S., or who own assets there, the article discusses different implications of the imminent changes in U.S. tax law.
Member of the firm’s Tax and Private Wealth groups, Scott is also part of
Following their recent announcement regarding new partnership and global high wealth enforcement initiatives,1 the Internal Revenue Service (IRS) on Oct. 20 announced another enforcement initiative focusing on foreign corporations and the largest corporate taxpayers. Last week, IRS Commissioner Danny Werfel announced the IRS would be sending out approximately 150 compliance alerts to U.S.
In February 2020, the IRS announced that it would step up efforts to contact high-income taxpayers (defined as earning $100,000 or more per year), who in prior years have failed to file one or more tax returns. The IRS’s enforcement effort in 2020 was announced, in part, in reaction to a 2018 GAO study that
Congratulations to Memic Innovative Surgery (“Memic”), an Israeli medical device company dedicated to transforming robot-assisted surgery with its proprietary technology, on completing a multimillion dollar Series D Financing Round.
Leading GT’s team as US Counsel for Memic were Bob Grossman, Chair of Greenberg Traurig’s Israel Practice; and Miami Corporate Attorney Maria Walker
In July 2019 the IRS identified post offshore voluntary disclosure program (OVDP) compliance as a campaign. The purpose of the campaign is to pursue those OVDP participants who fail to remain compliant with their foreign income and asset reporting requirements. The campaign said that the IRS would address this tax noncompliance through soft letters and
The Coronavirus Aid, Relief, and Economic Security Act (CARES Act), which was signed into law on March 27, 2020, contains a tax credit to encourage companies to continue paying employees if the business has been closed, or there has been a significant decline in sales due to Coronavirus Disease 2019 (COVID-19). This tax credit is