Henry P. Bubel, Partner

Henry Bubel is a tax lawyer with a sophisticated practice, international in scope. The breadth of his practice has led – after 40 years – to an in-depth knowledge of the income taxation of both corporations and partnerships, as well as estate, gift and trust taxation (particularly for ultra-high net worth and cross-border families). Mr. Bubel applies this knowledge in both tax planning and tax controversies, often working with family offices and trust companies.

Together with members of the corporate group, Mr. Bubel is involved in structuring, negotiating and documenting complex business transactions, including the refinancing and the restructuring of private companies, the formation of multinational joint ventures, and counseling on tax aspects of mergers and acquisitions. Working with lawyers in the trusts and estates group, Mr. Bubel advises on issues arising from the ownership of closely-held businesses and alternative investments typically held by high net worth individuals. Within this area, he is particularly knowledgeable about tax-efficient methods of diversifying the risks associated with concentrated stock positions, life insurance tax issues and insurance products.

In the real estate area, he regularly advises on real estate financings, partnership and limited liability company agreements, "like kind" exchanges and state and local real estate transfer tax matters. Much of his work in this area is done for foreign investors, often involving tax treaty planning.

In recent years, Mr. Bubel’s cross-border work has focused on the changing world of offshore banking and, in particular, the IRS’ increased enforcement of U.S. tax law with respect to citizens residing abroad and to dual nationals, green card holders and other persons subject to U.S. taxation. Such work has also put a focus on advising clients on “wealth migration” – passing wealth from elder non-U.S. parents to children or grandchildren who have taken up residency in the U.S. Within this area, Mr. Bubel has worked with many families based in France, Switzerland and Monaco.

Mr. Bubel publishes tax articles on a regular basis and lectures on tax matters, both within the firm and to outside audiences. He also serves as a director of both closely-held businesses and charitable foundations and as trustee of client-related trusts. Mr. Bubel serves as Chairman and a member of the Board of Directors of SCG Legal, an international association of law firms.

Click on the play button below to hear Mr. Bubel discuss U.S. tax reporting required of U.S. citizens and greencard holders residing abroad.