Amit Kalra, PC

Amit Kalra, PC is a partner in the Tax, Employee Benefits and Trusts and Estates Practice Group in the firm's Chicago office.

Areas of Practice

Amit concentrates his practice on tax controversy and partnership taxation, with an emphasis on partnerships and pass-through entities that own and operate assets entitled to significant federal income tax benefits.

Amit is frequently involved in the structuring and formation of partnerships that own and operate alternative energy resources. His experience includes the pricing of partnership investments through the preparation of pro forma economic models that incorporate relevant federal income tax assumptions and constraints to accurately determine the expected after-tax return on a partnership investment. Amit is also actively involved in the emerging market for financing other alternative energy resources, including: ethanol, biodiesel, biomass, solar and fuel cell facilities. His partnership practice includes all forms of direct investments in partnerships and pass-through entities, including private equity fund formation and investment. In addition, he counsels clients in private equity and venture capital portfolio investments.

Amit represents clients before the IRS Appeals Office on numerous federal income taxation issues, including the defense of purported tax shelters and their related penalties, the characterization of true lease transactions, the tax consequences of complex debt workouts and the treatment of sophisticated financial products.

Honors

The Legal 500 USA, Energy, 2018

Insights

Articles

•Walking the Path of Utilities’ Ownership of Wind and Solar
Tax Notes Federal, 03.16.2020

Media Mentions

•The Laterals Audit: Tax Attorney Moves In April
Law360, 04.28.2017
•Sheppard Mullin Adds Another Energy Partner In Chicago
Law360, 04.18.2017