People

Print
Derek Young Photo
Derek L. Young
Special Counsel

Overview

Derek Young represents clients in state and local tax matters throughout the United States. Derek represents clients in all phases of tax and unclaimed property controversies, from audit and administrative proceedings through trial and appeals. He also provides state and local tax planning and advisory services, and assists clients in negotiating state and local economic incentives.

Derek regularly writes and speaks on state and local tax and unclaimed property issues. His published work on aggressive state escheat statutes and audit methods was recently cited by the Michigan Legislature in an analysis of unclaimed property legislation.

Admissions & Affiliations

  • New York State Bar
  • State Bar of Texas
  • Master of Laws, Taxation, Georgetown University Law Center 2013
    with distinction
  • J.D., Georgetown University Law Center 2012
    Appellate Litigation Clinic
  • B.S., Finance & Accounting, Rutgers University 2009

Experience

  • Represented major Texas oil field equipment companies in a property tax litigation matter involving over 130 counties in Texas
  • Represented a large oil and gas supply company in an unclaimed property audit by Delaware and several other states
  • Voluntary disclosure agreement for a large property management company
  • Represented a major energy company in a multistate income tax audit
  • Advised multiple companies on unclaimed property issues inherent to oil and gas companies
  • Advised multiple companies on key aspects of Texas economic incentives
  • Requested an advanced letter ruling on a novel constitutional sales tax issue for a large energy company
  • Represented a large energy company in Texas property tax litigation

Awards and Community

The Unclaimed Property Professionals Organization (UPPO) Team Player Award, 2021