James R. Shorter, Jr. is an esteemed attorney with over 30 years of experience specializing in a broad range of U.S. tax and legal issues, particularly concerning international inbound and outbound transactions. He provides counsel on U.S. legal and income tax matters to Chinese and other foreign business entities engaging in commercial transactions and investments in the United States. Additionally, he advises domestic entities on U.S. income tax issues related to their investments and business activities in China and other foreign jurisdictions.

Mr. Shorter offers guidance on international and domestic investment and financing transactions, including equipment leasing and asset-backed lending. He also advises on U.S. business structures for investing in the United States, such as corporations, limited liability companies (LLCs), limited partnerships, and other joint ventures.

Educational Background

• Master of Laws (LL.M.) in Taxation – New York University School of Law, 1979

• Juris Doctor (J.D.) – Harvard Law School, 1975

• Bachelor of Arts (B.A.), cum laude – Columbia University, 1968

  
  

Professional Qualifications

• Licensed Attorney in New York (admitted in 1976)

• Admitted to the United States Tax Court (1987)

  
  

Honors/Professional Affiliations

• Member, American Bar Association

  • Tax Section: Past Chair of the Capital Recovery and Leasing Committee; Member of the Foreign Activities of U.S. Taxpayers (FAUST) Committee

  • International Section

• Member, International Fiscal Association

• Member, Inter-Pacific Bar Association

• Member, New York State Bar Association

  • International Section, Co-Chair of the Committee on International Tax

  • Tax Section

• Member, New York City Bar Association

• Member, Maritime Law Association

  
  

Publications

• Author of "Federal Income Taxation of Equipment Leasing," Chapter 35 in Equipment Leasing, published by LexisNexis (20th annual revision - April 2014; original publication date - Spring 1994).

• Author of "The Impact of EU Law on Cross Border Taxation — Issues Relating to Limitation on Benefits Provisions in Income Tax Treaties Between EC Member Countries and the United States," International Law Practicum, New York State Bar Association International Section (Spring 2004).

• Author of "Revenue Ruling 2002-69 Concludes that LILOs Confer a Future Interest in Property, Not a Current Leasehold Interest," 20 Journal of Taxation of Investments 327 (Summer 2003).

• Author of "At Long Last the Final Section 467 Regulations," 53 The Tax Lawyer 383 (Winter 2000).

  
  

Mr. Shorter has also been a speaker and panelist at numerous conferences and seminars, sharing his expertise on various tax and legal issues.