By leveraging our breadth of legal experience and combined resources, ZAG/S&W focuses on the practice areas most critical to our business clients' success. Our practice groups include:

International Tax

As business becomes increasingly international at all levels, from the multinational to the sole proprietor, it is more likely than ever that your business will need to plan its tax strategy on an international basis. Due to the complex interplay between and among U.S. tax rules, non-U.S. tax rules and double-taxation treaties, properly integrated and cohesive tax planning is essential when business spans international borders. ZAG/S&W LLP's international tax attorneys have the experience to handle this complex interplay, while providing effective and useful advice and developing practical strategies.

The legal practice of many of ZAG/S&W's 30 tax lawyers includes a significant international tax planning component, and four of our lawyers focus primarily in international taxation.

Our tax specialists have extensive experience in strategic tax planning and implementation for a wide range of international business activities and taxes, including:

• structuring tax-efficient international mergers, acquisitions, dispositions and reorganizations
• designing cross-border financing strategies
• planning for foreign tax-credit utilization
• migrating intellectual property to tax-favored jurisdictions
• maximizing opportunities for deferral of U.S. tax on foreign earnings
• using favorable holding company regimes in various jurisdictions
• reducing worldwide effective foreign tax rates
• developing capital structures and repatriation strategies
• documenting and defending intercompany transfer-pricing matters
• assisting with cross-border real estate investments
• advising sovereign wealth funds, foreign governmental pension plans and other foreign governments as to their U.S. investments, including real estate investments

We have established a worldwide network of foreign tax counsel with whom we collaborate regularly. To achieve our clients' objectives, however, we often assume responsibility for coordinating both the U.S. and non-U.S. tax aspects of transactions.

For more information, please visit www.sandw.com or www.zag-law.com.