Amit Kalra

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

Mr. Kalra 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.

Mr. Kalra is also actively involved in the emerging market for financing other alternative energy resources, including: ethanol; biodiesel; biomass; solar; and fuel cell facilities. Mr. Kalra’s 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.

Mr. Kalra also has extensive experience representing clients before the IRS Appeals Office on numerous issues of federal income taxation, 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.

Experience:

• Represented Sponsor in connection with construction debt financing and tax equity financing related to a solar project.
• Represented Sponsor in connection with construction debt financing and tax equity financing for wind project.
• Represented Sponsor in connection with construction debt financing and tax equity for wind project.
• Represented Sponsor in connection with construction debt financing and tax equity for wind project.
• Represented Sponsor in connection with construction and term debt for and sale of wind project in three phases.
• Represented Sponsor in connection with construction debt financing and tax equity for and sale of wind project.

Education:

• J.D., University of Chicago, 1997, cum laude
• B.S., Washington University, 1994

Admissions : Illinois