Renn Neilson is the firmwide Chair of the State and Local Tax Section and a member of the Oil and Gas M&A team at Baker Botts; his practice focuses on state and local taxation, incentives and unclaimed property. He helps clients restructure their holdings, acquire and dispose of assets and structure financing transactions to minimize tax exposure. Mr. Neilson regularly defends taxpayers in property, franchise/income and sales tax controversies.
Chambers reports that his clients praise his "overall tax knowledge and his precise, thorough analysis." (2019 Chambers USA); and that a client says: "He is an outstanding resource for several aspects of tax advice. I have complete confidence in his opinions and would not hesitate to recommend him to anyone." (2018 Chambers USA).
His recent experience includes representing large corporations in major statewide property tax litigation; sales and franchise tax controversy matters spanning multiple states; advising clients on unclaimed property issues; representing industrial and energy developers in tax planning and tax incentive negotiations on a nationwide basis; drafting Texas tax legislation; Texas franchise tax restructurings; structuring capital intensive development projects; property valuation and property tax methodology cases; multistate nexus and liability planning; bundled sales and service transactions; intercorporate service transactions; managed audits; numerous state-level taxability inquiries and related negotiations with state and local tax authorities.