Offering a comprehensive view of federal, state and local tax issues

Overview

Parsons Behle & Latimer's’ Tax practice holistically advises clients on tax matters at all scales and phases of business across all jurisdictions. The advice dovetails with the counsel of our other attorneys to provide tax efficient litigation, structuring and planning outcomes in the context of today’s rapidly evolving tax environment.

 We work with clients of all sizes (from multi-generational family businesses and start-ups to multinational companies), and at all stages of business activity (capitalization, formation, growth, restructuring and exit strategies). Our clients come from diverse industries, including mining and exploration; real estate: farming and ranching; financial services; technology; software development; healthcare; retail; insurance; manufacturing: telecommunications; and energy producers. Further, they range from traditional brick-and-mortar operations, with one location, to multinational entities around the globe.

 

Team

Key Contacts

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Experience

Parsons Represents Barrick in Acquisition of its Mercur Mines LLC by Revival Gold

Parsons represented Barrick Gold Exploration Inc. in a sale of the Mercur Mine to Revival Gold Inc. The project is anticipated to be Utah’s largest gold producer and contribute more than $4 billion to Utah’s economy creating an estimated 400 direct jobs during construction and 300 direct jobs over 10 years plus operation. Parsons’ corporate attorneys advised in all aspects of the transaction with Parsons’s corporate, real estate and environmental attorneys handling environmental due diligence, contracts and permitting.

Large-Scale Solar Project Development and Acquisition

Served as legal counsel for a developer on multiple utility-scale solar projects exceeding 500 MW capacity, involving various land types. Conducted due diligence, led the purchase and sale agreement and assisted with post-acquisition matters including permitting, land acquisition, environmental issues, title and tax concerns.

Hydrogen Production Tax Credit

Advising LADWP on the monetization of the 45V hydrogen production tax credit and the Section 48 investment tax credit associated with the development of the ACES Project in Delta, Utah, the world’s first integrated green hydrogen production, storage and combustion facility.  

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