Shlomo C. Twerski, co-head of the firm’s Tax Group, focuses his practice on the tax aspects of onshore and offshore investment funds, registered investment companies and business development companies, private equity partnerships, real estate and corporate transactions, restructurings and workouts, securitizations, and existing and emerging financial instruments.

Shlomo has been recognized as a leader in his field by Chambers USA, The Best Lawyers in America, The Legal 500 US and the Tax Directors Handbook, and he is  a member of the Tax Section of the New York State Bar Association. He regularly speaks at industry conferences and events, and his most recent presentations have addressed hedge fund and management company structures, funds in the energy space, tax considerations for private investment funds and FATCA. He is a 1983 graduate of Hofstra University School of Law, where he was an articles editor of the Hofstra Law Review.

Publications

“This Little-Known Tax Proposal Takes Aim at Your Trading Account,” Bloomberg, Dec. 6, 2017 (quoted)

“Twilight of the Deferred Fees: Planning for 2017,” SRZ Client Alert, Dec. 19, 2016 (co-author); republished in The Hedge Fund Journal, January 2017

“Year-End FATCA Action Items for Investment Funds That Are Sponsored Entities or Have Investors That Are Sponsored Entities,” SRZ Client Alert, Dec. 9, 2016 (co-author)

“LMA Updates its Standard Terms and Conditions to Incorporate FATCA Provisions,” SRZ Client Alert, May 31, 2016 (co-author)

“PATH Act: Recently Enacted Legislation Modifies the FIRPTA and REIT Rules,” SRZ Client Alert, Jan. 28, 2016 (co-author) 

Hedge Funds: Formation, Operation and Regulation (ALM Law Journal Press), 2013-2014 (co-author)

“Change in the IRS Approach to the Registration of Disregarded Entities Under FATCA,” SRZ Client Alert, May 2, 2014 (co-author)

“FATCA Registration and Compliance Requirements for Hedge Funds,” SRZ Client Alert, April 8, 2014 (co-author)

Speaking Engagements

SRZ Luncheon for Investment Manager Tax Professionals, December 2018

Tax Reform Update,” SRZ Webinar, March 2018

“Tax Considerations for 2018,” “Tax Reform” and “Cryptocurrency, Alternative Data and Blockchain,” SRZ 27th Annual Private Investment Funds Seminar, New York, January 2018

Tax Reform: Impact on Private Fund Managers,” SRZ Webinar, New YorkDecember 2017

SRZ Investing in Digital Assets and Blockchain Technology Webinar, August 2017

“Tax Update: New Guidance for U.S. Withholding Tax on Deemed Dividends,” SRZ Webinar, December 2016

“US Withholding on Deemed Dividends,” SRZ Webinar, December 2016

“Integrating Regulated Funds onto Your Platform,” Managed Funds Association, New York, June 2016

SRZ Luncheon for Investment Manager Tax Professionals, May 2016 

“New Partnership Audit Rules: What They Mean for Hedge Funds and Hedge Fund Investors,” MFA Seminar, New York, April 2016

“Tax Considerations for 2016,” SRZ 25th Annual Private Investment Funds Seminar, New York, January 2016

“Hedge Fund and Management Company Structures,” NFA National Examination Staff Training Program, New York, July 2015

“New Growth Area: Energy Funds” and “Tax Considerations for 2015,” SRZ 24th Annual Private Investment Funds Seminar, New York, January 2015

“FATCA Update for Investment Fund Managers,” SRZ Webinar, April 2014

“U.S. Tax,” Bank of America Merrill Lynch COO/CFO Hedge Fund Symposium, Deer Valley, Utah, March 2014

“Running Hedge and Private Equity Strategies Side by Side” and “Tax Considerations for 2014,” SRZ 23rd Annual Private Investment Funds Seminar, New York, January 2014

“GP Planning,” SRZ Private Equity: Fund and Deal Terms Conference, New York, October 2013

“FATCA — Issues for Private Fund Managers,” SRZ Webinar, March 2013

“Current Tax Developments” and “Opportunities for Hedge Fund Managers in the Registered Funds Space,” SRZ 22nd Annual Private Investment Funds Seminar, New York, January 2013

“FATCA and Dividend Equivalent Withholding Developments,” SRZ Investment Management Hot Topics, New York, April 2012

“Tax Update 2012: FATCA and Other Issues,” SRZ 21st Annual Private Investment Funds Seminar, New York, January 2012

“The Return of CLOs: Changes That Matter to Managers and Investors,” SRZ Audio Conference Series, July 2011

“Running a Multi-Jurisdictional Adviser,” SRZ 20th Annual Private Investment Funds Seminar, New York, January 2011

“Tax Considerations for 2010,” SRZ 19th Annual Private Investment Funds Seminar, New York, January 2010

“Registered Funds and UCITS: Reaching New Capital and Markets,” SRZ Investment Management Hot Topics, New York, October 2009

“Tax Aspects of Investments in Distressed Situations” and “Fund Compensation Trends and Structures in the New Environment,” SRZ 18th Annual Private Investment Funds Seminar, New York, January 2009

“Tax Legislative and Compliance Update,” SRZ Investment Management Hot Topics, New York, November 2008

“Tax and ERISA Planning: U.K. and U.S. Perspectives,” SRZ 17th Annual Private Investment Funds Seminar, New York, January 2008

“Hedge Funds at the Crossroads: Activism and New Opportunities in Today’s Capital Markets,” West Legalworks Seminar, New York, December 2007

Panelist, “Permanent Capital Investment Vehicles,” SRZ Cutting Edge Alternative Asset Management Deals Seminar, New York, July 2007

“Meeting the Challenges,” Registered Alternative Funds: New Products for New Markets, April 2006

Memberships

  • New York State Bar Association
    • Tax Section

Distinctions

  • Chambers USA
  • The Best Lawyers in America
  • The Legal 500 US
  • New York Super Lawyers
  • Tax Directors Handbook