Overview

Stephen Hamilton assists clients with the tax aspects of major business transactions. He focuses on helping clients avoid tax pitfalls and finding creative and practical structural solutions to their tax problems. Steve also represents clients in tax controversy matters and in obtaining favorable IRS rulings and legislative and regulatory relief.

Mergers and Acquisitions

During mergers and acquisitions, Steve represents both buyers and sellers, including public companies, private equity funds and owners of closely held businesses, in numerous transactions every year. He has facilitated many substantial transactions by enabling parties to achieve significant tax savings with his tax-planning ideas. An imaginative problem solver, Steve is a go-to for clients’ most challenging tax problems.

Other Business Tax Matters

In addition to counseling on transactions, Steve has broad tax experience and has dealt with a wide range of issues over the years. He addresses tax issues relating to, among other things:

  • Regulated investment companies
  • Real estate investment trusts (REITs)
  • S corporations
  • Limited partnerships and limited liability companies
  • Formation and offerings of private equity funds
  • Restructurings and recapitalizations
  • Qualified small business stock
  • Consolidated returns
  • Preserving and utilizing net operating loss carryovers
  • Spinoffs, liquidations and other corporate restructurings
  • Executive compensation
  • Transfers and liquidations of partnership interests and workouts of partnership debt
  • Tax accounting issues
  • Employment taxes
  • Tax aspects of litigations and settlements

International Tax Aspects

Steve handles international tax matters for both domestic and foreign clients, dealing with multinational corporate acquisitions and restructurings, tax treaty and withholding tax issues, foreign tax credits, and planning for both inbound and outbound investment. He has advised clients on the federal income tax laws on controlled foreign corporations, passive foreign investment companies, international shipping income and foreign currency.

Regulated Investment Companies

Steve has extensive experience with the tax affairs of Regulated Investment Companies (RICs). He has provided tax advice and tax opinions in connection with transactions involving RICs, including mergers of existing portfolios and fund families, conversion of other investment entities into RICs, and liquidation of portfolios. He regularly advises on the special income, asset and distribution requirements that apply to RICs and methods of curing or mitigating the effects of inadvertent noncompliance. And he has experience with the additional requirements relevant to RICs designed for insurance company separate accounts for variable annuity and life insurance products.

State and Local Taxes

Steve has experience in state and local tax matters. He regularly handles the state and local tax aspects of merger and acquisition transactions and issues connected to entity formation and other structuring matters. His experience includes Pennsylvania and Philadelphia taxes in particular, but he has also dealt with a wide range of other taxing jurisdictions.

Credentials

Bar Admissions

New York
Pennsylvania

Education

Harvard Law School
J.D. magna cum laude, Harvard Law Review (1976)

Princeton University
A.B. in Mathematics, magna cum laude, Phi Beta Kappa (1973)

Insights & Events

Insights
最新 October 2026

Exchange-Traded Fund (ETF) Transactions Come under IRS Scrutiny; Diversification Transactions Require Review

Treasury and the IRS view these transactions as abusive uses of in-kind redemptions; investors looking to gain diversification through this technique need to proceed with caution.
9 min read
最新 October 2026

Treasury and IRS Flag Certain "Tax-Aware" Fund Strategies as Problematic

Straddles and other derivatives strategies to convert income character
7 min read
最新 February 2025

Announcements on Tax Relief Relating to Los Angeles County Wildfires

Linking to Federal, State, and County Tax Information and Forms
6 min read
媒体报道 October 2024

Stephen Hamilton Comments on Tax Impact of Asset Managers Rebalancing Portfolios With Financial Times

1 min read
最新 March 2024

Certain Insights on Important 2023 Tax Cases for Private Funds

6 min read
最新 December 2020

Congress Extends and Liberalizes COVID-19 Tax Benefits

4 min read
最新 December 2020

Seeing Into the Future: Electing Out of the Installment Method

5 min read
最新 November 2020

IRS Launches Another Misguided Missile at Paycheck Protection Program Loan Recipients

2 min read
最新 September 2020

Substantiating an FDII Deduction: Certain Deal-Related Considerations Raised by New Regulations

10 min read
最新 August 2020

Payroll Tax Deferral Update: Treasury Guidance Answers Certain Questions and Raises Others Only Days Before Start of Implementation

6 min read

Leadership & Community

Professional Associations

  • American Bar Association — Tax Section
  • Philadelphia Bar Association — Tax Section; Federal Tax Committee (Past Chairman)

Honors

  • Chambers USA — Pennsylvania, Tax, 2016-26
  • Best Lawyers® — Tax Law, 2003-27; Litigation and Controversy – Tax, 2011-27
  • Pennsylvania Super Lawyers — 2004-12
  • American College of Tax Counsel — Fellow