William "Wes" E. Sheumaker

Associate

Atlanta
Business Phone: 404.885.3548
Business Fax: 404.962.6600

wes.sheumaker@troutmansanders.com

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Wes is an associate in the tax group of Troutman Sanders’ Atlanta office.  He joined the firm in 2005.  His practice concentrates on federal income tax matters, including domestic and international tax planning and transactional work for corporations, partnerships and limited liability companies.  He also defends clients in federal tax controversies and has represented clients before the IRS Office of Appeals.  Wes is an adjunct professor of Tax Law at Georgia State University Law School.

Representative Experience
Advised U.S. publicly traded corporation in an $8 billion “horizontal double dummy” transaction involving a Canadian publicly traded corporation and utilizing Canadian exchangeable shares

Sought and obtained an IRS private letter ruling for a privately held corporation regarding a corporate restructuring, which resulted in significant tax savings

Advised SPAC in an $80 million initial public offering

Advised numerous publicly traded corporations in transactions intended to qualify as reorganizations under Section 368 of the Code

Advised client regarding various tax issues in a $2 billion tender offer to shareholders of publicly traded corporation

Prepared tax opinion for a publicly traded utility company with respect to a $500 million hybrid securities issuance

Advised Bermudian publicly traded corporation providing insurance products in a $60 million public offering

Represented numerous clients in commercial transactions utilizing partnerships and limited liability companies, including a $100 million leveraged partnership transaction

Drafted numerous limited liability company operating agreements

Represented clients regarding matters before the IRS Office of Appeals and in U.S. Tax Court controversies

Publications
IRS Notice 2008-91 - IRS Expands Ability of U.S. Shareholders to Borrow from Foreign Subsidiaries; Continues Trend of Taxpayer-Friendly Guidance in Light of Credit Difficulties and Economic Downturn, TS Client Alert, October 8, 2008, with Saba Ashraf

Recent Tax Legislation Targets Recipients of Carried Interests, TS Client Alert, July 7, 2007, with Saba Ashraf 

Editor of the Newsletter of the ABA Section of Business Law Committee on Taxation

Presentations and Speaking Engagements
10 Tax Issues Every Corporate Lawyer Should Know, TSU Advanced Attorney Training, November 11, 2007, with Saba Ashraf

Forming a Non-Profit, Tax-Exempt Organization and the New IRS Form 1023, WEDA Atlanta, August 11, 2007

Work Experience
Associate, Troutman Sanders LLP, 2005-present

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Education

  • New York University, LL.M., 2005
  • University of Mississippi, J.D., cum laude, 2004
    Mississippi Law Journal, Editorial Staff
  • University of Georgia, MAcc, 2001
  • University of Georgia, B.B.A., 2001


Bar Admissions

  • Georgia