Arent Fox Tax Government Policy a record of Relations success Government relations | taX 2 Insight, Inspiration and Advocacy. When and Where You Need It. two former U.s. senators… a former member of the U.s. House of representatives… expert lobbying teams… Proven success… Part of a law firm with more than 350 smart legal minds to draw from… This is Arent Fox Government Relations. a vital team in one of the most respected law firms in Washington, DC, we’re a bipartisan and bicameral group of attorneys and policy professionals with deep experience at the highest levels of politics and public service. arent FoX llP 3 Policy Pros. Deep Knowledge of Tax Issues. our clients benefit from the experience of a diverse group of tax policy experts, including former members of Congress, senior staff, and tax lawyers who comprise a deep bench. With Congress and the administration certain to focus on tax policy in 2012, it is critical to know what’s taking place and to have a seat at the table. accordingly, we are pleased to provide strategic guidance from former Senator Byron Dorgan, who served for 10 years on the Ways and means Committee in the U.s. House of representatives, former Congressman Phil English, who spent 14 years on the committee and was a leading advocate of fundamental tax reform, and former Senator Robert Bennett, who as Chairman of Joint economic Committee held hearings on and produced papers on tax policies and their economic impacts. Actively involved in tax policy for a wide range of clients, our team has the skills and understanding to help you get results. Government relations | taX 4 What We’ve Accomplished. With Intelligence, Resourcefulness and Ingenuity. if you want to grow your business and expand your markets, advocate for change, affect regulatory and tax issues, defend rights and privileges, we’re your tax policy partner. arent FoX llP 5 Successes. Institutional Tax Partnership Income Transportation Tax Benefits advocating Taxes Formulating Issues members of the for tax policy changes policy and tax laws, group have experience to benefit a whole arent Fox eliminated successfully advocating range of institutions, double taxation in and legislating on an including colleges, business partnership array of miscellaneous churches, commercial income tax laws in the matters with fuel real estate developers, District of Columbia. taxes, excise taxes, drug companies, and and highway/transit small businesses. International program tax matters. Taxation leading Tax Incentives for House advocate Stimulated Wind Energy Helping for the Homeland Local Economic a company stimulate reinvestment act, Development additional production which temporarily arent Fox obtained of wind power through allowed international numerous tax incentives tax legislation – companies to repatriate for local commercial ultimately enacted in foreign earnings to the and nonprofit the american recovery United states without development projects. and reinvestment double taxation. act of 2009. Nonprofit and Estate Taxes Association Tax representing americans Issues Won standing for the enactment of a $1 simplification of the million annual tax estate tax (asset), a abatement for a large tax coalition dedicated trade association in to reforming and exchange for bringing simplifying the estate additional convention tax. We help generate and tourist revenue to new members, develop the District of Columbia. legislative proposals and support materials, and obtain meetings with key members of Congress and think tank experts. For more advocacy and public policy accomplishments, go to arentfox.com/practices/govrelations Government relations | taX 6 What’s Coming on the Horizon? Ask Arent Fox. experience and accomplishments clearly demonstrate our high level of expertise in government relations, but look ahead. tax issues will be a driver of your business in the future. they are a legislative priority in Federal and state governments as well as internationally – and critical to your business goals, too. tax reform will be an international tax reform Congress will move enormous legislative could end tax penalties toward eliminating priority on the Federal, on foreign earnings. situations where big state and local levels. corporations pay no simplifying the tax code taxation of the federal tax and others will be an underlying use, extraction and pay such a high rate theme in any reform, as production and various that it drives them well as greater scrutiny kinds of energy overseas or prevents of existing deductions. including clean energy them from competing. will be an enormous elimination of tax priority in the power non-profit organizations preferences and and fuel industry. and particularly colleges tax exemptions for and universities will see special situations will other tax reform reforms, particularly be concerns in every initiatives will arise, with Unrelated Business economic sector, affecting policies income tax (UBit). including higher such as cost recovery, education, commercial bonus depreciation, alternative minimum real estate, the and expensing. tax (amt) reform or pharmaceutical industry, elimination will come to and small businesses. the forefront of national policy discussions and lawmakers. arent FoX llP 7 Robert Bennett Byron Dorgan Philip English arent Fox senior arent Fox senior arent Fox senior Policy advisor Policy advisor Government relations advisor Former U.s. senator Former U.s. senator and and senior member of Congressman (1981–2011); Former Congressman the senate Banking member of the House Ways (1995–2009); member Committee (1993–2011); and means Committee; of the Ways and means senior member of the member of the senate Committee and ranking appropriations Committee; Democratic leadership member, subcommittee member of the Joint for 14 years; senior on select revenue; economic Committee; member of appropriations Co-Founder of the member of the republican Committee, science and Congressional real leadership team. transportation Committee; estate Caucus; tax Commissioner Controller of erie, of north Dakota. Pennsylvania. “everything’s at stake in the next few years. arent “i have substantial “We advocate on Fox is an extremely knowledge of tax tax policy changes well connected issues along with to benefit a whole law firm. We know my friends senator range of institutions, the legislative side Bennett and Phil including energy, and we have tax english. But beyond health care, partners that know former members life sciences, the tax code inside of Congress, we manufacturing, and out. reform is have experts that and others. our a process, and you served on boards experts will refine need political and of banks and in your position and legal help, as well as diverse other areas. pitch and do the lobbying expertise.” this gives strength regulatory work. to our government We do more than relations function.” open doors.” Government relations | taX 8 Unmatched Depth and Breadth of Expertise. On Your Side. tax is just one area in which arent Fox provides smart advocacy solutions, strategic guidance and counsel. our Government relations Practice Group is a bipartisan team of policy professionals and attorneys with extraordinary experience in republican and Democratic politics and government service. Dynamic and diversified, we provide critical knowledge, judgment and experience for tax issues, health care matters, environmental questions and more. We draft legislation and work with Congress to leverage regulatory action. among our capabilities, we build and maintain coalitions, grassroots efforts and constituent support. We provide business consulting and advise our clients on how to obtain favorable public policy results. While solving existing issues as your partner, we anticipate and prevent others. our Political law attorneys advise on campaign finance, corporate PaC, lobbying disclosure, and Congressional ethics issues to ensure that our clients are acting appropriately while undertaking public policy initiatives. strategic advice and services come from former U.s. senators, a member of the U.s. Congress, a former member of the Board of Directors of the export-import Bank of the United states, a former ambassador, senior Hill insiders, and recognized experts in more than 30 practice groups. arent FoX llP 9 Collaboration. Knowlege. Experience. arent Fox clients also leverage our firm’s knowledge and experience with tax issues in a more traditional legal context: Howard Hughes Georgetown Globe Specialty Medical Institute University Metals, Inc. arent Fox represented arent Fox represented arent Fox advised Howard Hughes Georgetown University Globe specialty metals medical institute over (including Georgetown on tax matters related the last two decades in University medical to its acquisition of numerous financing and Center) in more than ospraie Funds (owner derivative transactions, $1.275 billion tax- of Core metals Group, including a $600 million exempt and taxable llC), a producer and taxable bond financing, financings, including marketer of high- a $500 million tax- new construction, purity ferrosilicon exempt bond financing, refundings, interest and other specialty an $83.5 million tax- rate conversions and steel ingredients, exempt bond financing, derivative transactions, for $52 million. and a $23 million tax- using auction rate exempt bond financing. securities, fixed rate bonds and variable rate demand bonds. Government relations | taX 10 Arent Fox Delivers. Responsiveness and Results. arent Fox llP is a full service government relations and law firm assisting clients with a wide range of matters. strategically located in Washington, DC for more than 65 years, with offices in new York and los angeles, our teams work seamlessly to handle lobbying and legal concerns affecting your business. the firm represents a wide range of clients in local municipalities, state government, on Capitol Hill and in the executive branch, as well as internationally. Clients include Fortune 500 companies, government agencies, trade associations, small businesses of all kinds, foreign governments and other entities. We’re proud of the work we do for every client and of our reputation for understanding their business, their industry, and their world. Arent Fox. Smart in Your World. arent FoX llP