Education

  • New York University School of Law, LL.M. International Taxation
  • Saint Petersburg State University, J.D.

Admissions

  • New York

Professional Experience

  • Affiliate Member, New York City Bar Associaton, Private Investment Funds Committee
  • NYC Bar Committee on Taxation Of Business Entities
  • Wall Street Tax Association
  • International Bar Association
  • American Bar Association, Taxation and Science and Technology Sections
  • International Fiscal Association, US Branch
  • Boston Women’s Leadership Summit

Languages

  • Russian (Advanced)

Irina Pisareva

Partner
ipisareva@crowell.com
+1.212.803.4067

Irina Pisareva is a partner in the New York office of Crowell & Moring. She has 25 years of experience advising businesses and investors on transaction tax and cross-border tax matters.

Irina’s most recent practice focused on providing tax advice to investment funds, corporations, tax-exempt investors, venture capital and private equity groups and high net worth individuals and family offices. She also advises clients on tax compliance and tax operational issues relevant to cross-border investments, credit and distressed debt transactions, global securities trading and mobile workforce. She is a frequent contributor on these topics and has been quoted in Law360 and Bloomberg Law. 

Irina also practices in the growing area of litigation finance. She provides tax advice to litigation funders, private equity firms, and multi-strategy hedge fund clients in connection with their investments in funding transactions, including claims monetization and the provision of non-recourse capital to both plaintiffs and law firms. Irina’s other areas of professional focus include taxation of novel asset classes, such as crypto currency.

Irina is a well-regarded international tax adviser with significant experience in international taxation of corporations, partnerships and their investors. She frequently advises her clients on recent U.S. and global tax developments (e.g., BEAT, GILTI, FDII, OECD and BEPS initiatives). Irina has led multiple complex cross-border operational transformation and restructuring projects for U.S. and non-U.S. based multinationals including design, implementation and reporting for tax and financial statement purposes. She has assisted her clients with various aspects of digitally transforming and automating their tax function, obtaining private letter rulings in multiple jurisdictions, managing withholding tax obligations and refunds and matters related to transfer pricing documentation and controversy.

Irina is an active member of the New York City Bar Association and is a member of its Private Investment Funds and Taxation of Business Entities Committees. She is also a member of the International Bar Association and multiple other professional organizations.

Prior to joining the firm, Irina was a partner with Sullivan & Worcester LLP and before that a senior tax partner with EY. Her most recent publication is the chapter on the USA corporate tax laws and regulations which she has co-authored for the GLI’s Global Tax Laws and Regulations 2021.


Representative Matters

  • Structured distressed debt and infrastructure credit funds; assisted a large institutional asset manager with structuring a loan origination fund, based on investor type, with some of the options resulting in 0% effective tax rate.
  • Advised a litigation funding provider on tax aspects of providing litigation funding in Germany and Greece.
  • Advised private equity firms on the implications of the 2017 Tax Cuts and Jobs Acts for its portfolio companies; assisted private equity firms with diligence and structuring of new investments including in the life science and high-tech industries.
  • Advised mutual fund managers on transfer pricing, informational reporting, withholding tax reclaim and tax compliance matters related to cross-border securities trading and fund structures.
  • Designed and implemented ASC 740 assessment and documentation processes for multiple hedge funds and institutional asset managers.
  • Structured investment vehicles for sovereign wealth funds and tax-exempt investors.
  • Advised on foreign investment in real estate and natural resource assets worldwide, airplane leasing structures, CLOs and other asset securitization vehicles.
  • Advised on global workforce projects, including payroll, intellectual property management, taxable presence and individual tax implications of expatriate assignments.
  • Advised on U.S. and international tax implications of litigation finance strategies.
  • Assisted investment managers with setting up investment management companies in the UK, Singapore, Hong Kong, New Delhi and Chile, among others.
  • Advised high-net-worth individuals (HNWI) and executives on global relocation, estate management matters and succession planning. Structured private businesses, including acquisitions, divestitures for HNWI and family offices and advised on tax implications of their investment portfolios and real estate holdings.

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September 9, 2021 Experienced International Tax and Transactions Lawyer Irina Pisareva Joins Crowell & Moring