Joseph B. Whitebread Jr. is a partner in Holland & Knight's Washington, D.C., office and practices primarily in the areas of business planning, real estate, partnerships and LLCs, corporations, and tax planning and transactions.
Mr. Whitebread's business planning and corporate practice includes C and S Corporation transactions, reorganizations and separations, analysis of corporate tax issues, business disputes, and the sale/acquisition of corporate businesses, both asset and stock acquisition. He also advises corporations and their owners on shareholder agreements, corporate restructuring and division agreements, and employment agreements. Mr. Whitebread is a general counsel to local businesses, including professional corporations, and renders advice on all general corporate matters for these clients.
He also has diverse experience in the negotiation and preparation of complex agreements for real estate projects, including in the areas of income tax and entity structure planning for partnerships, limited liability companies (LLCs) and real estate transactions. This part of his practice includes negotiating and structuring of real estate partnerships, joint ventures and LLCs and real estate title holding corporations, analysis of partnership and LLC income tax issues and implementing income tax strategies, planning and negotiation of UPREIT transactions, historic preservation tax incentives, and like-kind exchange and condemnation transactions. Mr. Whitebread also advises real estate owners and other businesses on local tax matters, including District of Columbia franchise taxes and District of Columbia transfer and recordation taxes. His experience also includes representing developers and owners on projects involving state and local tax and similar incentives, and he has also worked on projects in which developers are required to have local business partners to secure an award of the project from municipal authorities.
Mr. Whitebread also has significant experience in state and local taxation matters, especially in the Washington, D.C., metropolitan area. He works regularly in matters involving the District's unincorporated business franchise tax, sales and use taxes and personal property taxes. He also works with clients in planning real estate transactions to utilize available transfer and recordation tax exemptions in D.C., Maryland and Virginia. Mr. Whitebread also has substantial experience in tax controversy work with the District of Columbia and other local tax jurisdictions.
Mr. Whitebread represents tax-exempt entities, both as general and as transactional counsel, in connection with corporate, tax and planning matters. He has represented both public charities and trade associations in the areas of unrelated business income planning, royalty structuring, lobbying rules and procedures and corporate restructuring and planning.
Mr. Whitebread has published numerous articles in tax publications, including articles on tax-free conversions to LLCs, D.C. tax incentives and benefits, partnerships with charitable partners and the tax aspects of historic preservation.
- University of Virginia School of Law, J.D.
- The George Washington University, B.A.
- Georgetown University Law Center, LL.M.
- District of Columbia
- U.S. Tax Court