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Gayle Forst concentrates her broad-based tax practice on representing nonprofit and for-profit clients in IRS audits, U.S. Tax Court litigation, state attorney general investigations, and business transactions.
Her transactional experience includes structuring and negotiating stock purchase and asset acquisitions, shareholder agreements, real estate transactions, stock redemptions, public offerings, and private placements. She has experience with domestic and international tax issues, including tax treaty matters.
Ms. Forst has also represented nonprofit clients on a wide array of issues ranging from U.B.I.T to Chapter 42 excise taxes and joint ventures between for-profit and nonprofit entities. She has prepared IRS protests and technical advice requests, as well as state and local tax authority ruling requests. She was involved in all stages of the formation of a prominent nonprofit organization, from oversight of the tax exemption application process through ongoing counseling, including the formation of subsidiary entities.
Ms. Forst played an indispensable role in the research and drafting of a significant number of chapters for Joint Ventures Involving Tax Exempt Organizations, authored by Blank Rome Tax Partner Michael I. Sanders (John Wiley and Sons, Inc., 2nd Ed. 2000, 4th Ed. 2013), where she served as the editor for the second edition and played a critical role in the drafting of the fourth edition, as well as several annual supplements to the book.