J. Terence MacAvery
Of CounselDownload VCard
Phone: 973.476.5417
Fax: 212.898.0386
110 Wall Street, 11th Floor
Manhattan, New York 10005
Senior tax executive with 29 years of extensive experience working with U.S. and multinational clients in a variety of industries as a CPA and tax attorney with expertise developed during 27 years with KPMG LLP, the last 16 years as Partner. Currently Of Counsel with Goldstein Jones LLP. Professional background includes highly respected skills in domestic and international tax, strategic planning and analysis, merger and acquisition negotiation and related integration as well as presentations to boards of directors, government agencies, and trade and professional organizations.
Education
J.D., Albany Law School, 1975
M.S. in Accountancy, NYU Graduate School of Business Administration, 1976
B.A., Economics, Hamilton College, 1972
Jurisdictions Admitted to Practice
Admitted to the bar in New York State, 1976Certified as public accountant in New York State, 1978
Professional & Bar Association Memberships
New York State Bar Association
American Institute of Certified Public Accountants
New York State Society of Certified Public Accountants
Selected Accomplishments
- Key advisor to a major shipping company in producing a cross-border restructuring of hundreds of millions of dollars of capital investment which enabled the company to expand its business into terminal operations and logistics services.
- Designed and implemented significant tax planning strategies for a multimillion dollar venture capital group resulting in tax savings in the millions for its owners.
- Served as the primary advisor to a multibillion dollar Japanese-owned investment company during the successful reorganization of its U.S. operations resulting in the avoidance of tens of millions of dollars of taxes on the transaction.
- Utilized selected tax strategies to obtain material state and local tax savings for a medical device manufacturer in multiple state tax jurisdictions.
- Negotiated successful outcomes for clients with the IRS over major transfer pricing disputes, including cost-sharing arrangements, saving clients many millions of dollars.
- Provided advice to a foreign-owned pharmaceutical company that resulted in a tax-efficient organization for its international joint venture with a major U.S. partner involving the launch of a major new drug with investments by the parties of hundreds of millions of dollars.