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Jeremy Spector is a partner in the firm's tax group. His practice involves tax planning, IRS controversy work, and the structuring of corporate transactions, with particular emphasis on advising professional sports leagues and teams and on representing large taxpayers through the IRS audit and Appeals processes. He also has significant experience counseling clients on the federal and state taxation of e-commerce and similar multi-jurisdictional transactions.
Mr. Spector's sports-related work encompasses such matters as the purchase and sale of sports franchises, public and private stadium financing, player compensation, choice-of-entity and business formation issues, the relationship between taxable and tax-exempt entities, and the treatment of sponsorship, licensing, and broadcast agreements. Representative clients in the sports world include the National Football League, Major League Baseball, the Boston Red Sox, the National Hockey League, the National Basketball Association, Major League Soccer, United States Olympic Committee, the Arena Football League, and Madison Square Garden.
Mr. Spector is ranked a leading tax expert in the Legal 500 US for his “superb legal advice and practical business guidance" (2008).
Representative Matters
- Representation of a professional sports club in a $175 million dispute with the IRS regarding stadium financing.
- Advising the National Hockey League on domestic and cross-border tax, corporate, and intellectual property issues related to the creation of the NHL Network.
- Structuring John Henry’s sale of the Florida Marlins and his simultaneous acquisition (as lead investor) of the Boston Red Sox, Fenway Park, and NESN as a tax-free transaction.
- Successful negotiation of an industry-wide settlement with the IRS addressing the tax treatment of sports franchise acquisitions.
- Continuing advice to Sotheby’s on the sales and use tax ramifications of domestic and international auctions.
- Evaluation of the state tax implications of various online services and products offered by Yahoo!.
Honors and Rankings
- Legal 500 US (2007, 2008)
Pro Bono
- Foundation for All DC Families – tax and corporate advice to this organization that engages in non-partisan research and analysis regarding proposals to prohibit same-sex marriage in the District of Columbia.
- Community Tax Aid, Inc. – representation of the Board of Directors of this low-income tax clinic in front of the IRS regarding a federal grant received by the organization.
- Georgetown Children’s House Endowment and Washington Child Development Council – application for tax-exempt status, drafting of corporate governance documents, and general programmatic advice to these organizations that promote quality child care and childhood development in the District of Columbia.
Publications and Speeches
- "Tax Considerations in E-Commerce," chapter in E-Commerce Law & Business (January 2003), Co-Author
- "Awarding Attorney's Fees to Pro Se Litigants Under Rule 11," 95 Mich. L. Rev. 2308 (1997), Author
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