Page 1 Page 2 Page 3 Page 4 Page 5 Page 6 Page 7 Page 8 Page 9 Page 10 Page 11 Page 12 Page 13 Page 14 Page 15 Page 16BAKER BOTTS TAX 7 consequences and preparing analyses of the tax situations of proposed targets for acquisition. Our corporate tax lawyers deal with all aspects of subchapter C, including tax issues related to the energy and power sector, financial instruments, and the oil and gas industry. INTERNATIONAL TAX The firm’s international tax lawyers provide the requisite tax advice to clients engaged in cross-border transactions. These transactions involve investments in projects, mergers, acquisitions, restructurings and financings. Our lawyers advise U.S. and international investors in their investments in companies, ventures and projects around the world, as well as international investors in their investments in U.S. companies, ventures and projects. Baker Botts international tax lawyers seek to minimize the worldwide taxation of a client’s earnings from an investment, to restructure the investment and to eventually dispose of the investment. This often requires familiarity with the tax laws of several countries and bilateral and multilateral tax treaties, as well as the U.S. tax laws. CORPORATE TAX The firm’s corporate tax lawyers provide the requisite tax advice to clients in transactions involving investments in projects, mergers, acquisitions, divestitures, restructurings and financings, including asset leasing. We have particular experience advising clients in the following industries: • Global energy, including upstream oil and gas, pipelines, liquefied natural gas, alternative energy, power and petrochemical projects • Real estate • Oilfield services • Technology • Mining • Manufacturing • Marketing • Telecommunications Tax lawyers from Baker Botts have been pioneers in developing tax strategies for many different situations. For example, we regularly do work that entails capturing the value of prior tax losses, examining structures demanded by other governmental regulatory requirements for tax