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Patricia W. McDonald

Partner
Baker & McKenzie LLP

Biography

Patricia W. McDonald advises on tax issues for corporations, partnerships, limited liability companies and other pass-through entities, with an emphasis on private equity and other investment fund transactions, energy credit transactions, partnership transactions, real estate/REIT transactions and M&A transactions. She lectures on international and partnership tax issues for various organizations, including Tax Executives Institute and Council for International Tax Education. Her native language is Cantonese and she is conversant in Mandarin.

Practice Focus

Ms. McDonald regularly advises U.S. clients, non-U.S. institutional clients and sovereign wealth fund clients on tax issues relating to private equity funds, hedge funds, infrastructure funds, real estate funds and other investment funds. Her practice also focuses on tax issues relating to real estate transactions (including real estate investment trust matters) and domestic and cross-border mergers and acquisitions. In addition, Ms. McDonald advises clients on tax matters relating to transactions in the renewable energy sector, such as the use of energy tax credits and energy grants in capital structures.

Professional Associations and Memberships

  • American Bar Association
  • U.S.-China Chamber of Commerce

Admissions

  • Minnesota~United States (1999)
  • U.S. Court of Appeals, District of Columbia Circuit~United States (1998)
  • U.S. District Court, Northern District of Illinois~United States (1996)
  • Illinois~United States (1996)

Education

  • University of Notre Dame (M.B.A.) (1996)
  • University of Notre Dame Law School (J.D.) (1996)
  • University of Chicago (B.A.) (1991)

Languages

  • Cantonese
  • English
  • Mandarin

Publications

Co-author, "PATH Act Improves Rules for Foreign Investment in US Real Estate," Journal of Taxation, June 2016

Co-author, "Comments on Section 323 of the Protecting Americans from Tax Hikes Act of 2015 the Qualified Foreign Pension Fund Exemption from FIRPTA," submitted to the Internal Revenue Service and the US Department of Treasury, 22 March 2016

Author, "Secondary Transfers of Private Equity Fund Interests: Some US Tax Food for Thought," Business Entities Journal, May/June 2015

Co-Author, "Foreign Investment in US Real Estate: The FATCA/FIRPTA Dichotomy," Journal of Taxation, May 2014

Author, "The Partnership Trap Under Section 892," Business Entities Journal, September/October 2012

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