Hersh Verma
Senior Associate
Norton Rose Fulbright US LLP
Biography
Hersh Verma joined Norton Rose Fulbright's Houston office in September 2015. Hersh's practice focuses on advising clients on a wide range of tax matters, with particular emphasis on federal and international taxation planning and structuring and tax controversy matters.
Professional experience
Collapse allJD, with honors, The University of Texas School of Law, 2015
M.Acct, magna cum laude, Accounting, The University of Texas, 2012
Business Honors Degree, magna cum laude, Accounting, The University of Texas, 2012
While in law school, Hersh was a member of the Texas Law Review, received the Dean's Scholar Award every semester, and had the highest grade in his Corporate Tax class.
Hersh is admitted to practice in the Southern District of Texas, the Tax Court, and the Federal Court of Claims.
- Texas State Bar
Assisted with representations of:
- Assist private equity in its $140 million acquisition of comprehensive waste management
- Publicly traded and privately held corporations, limited liability companies, and partnerships in buy-side and sell-side domestic and cross-border/international asset and equity acquisitions and restructurings
- Publicly traded and privately held corporations in taxable and tax-free mergers
- Publicly traded and privately held corporations in taxable and tax-free spin-offs
- Publicly traded and privately held corporations, limited liability companies, and partnerships in credit agreements, debt restructurings, and other financing related transactions
- Companies in connection with FATCA related issues
Specific tax counsel representative engagements include:
- Internal spin-off within a U.S. consolidated group
- Debt restructuring transactions for a publicly traded company
- FIRPTA advice and analysis to an Canadian company
- Purchase and sale of oil and gas properties
- Multiple LLC formations and equity offerings
- Tax controversy case regarding the outer continental shelf taxable activities
- Tax litigation regarding valuation of artwork
- Sale of privately help S Corp and structuring of partnership interest
- Debt financed distribution for publically traded energy company
- Structuring and advising on nonprofit issues for large medical foundation
- Advanced pricing agreement for international company
- S-4s for publically traded companies
- Various pro bono work for low-income clients
- Top Lawyer in Houston, Tax Law, Houstonia Magazine, 2020
- Co-author, "Tax implications for digital assets in the Infrastructure Investment and Jobs Act,"Norton Rose Fulbright Legal Update, November 2021
- Co-author, "Deduction Disallowance for Fines and Penalties and the Corresponding Reporting Requirements," Bloomberg Tax January 22, 2021
- Author, "Section 139 Qualified Disaster Relief Payment for COVID-19," Texas Tax Lawyer: A Tax Journal, Volume 47, No. 43, Spring 2020
- Co-author, "IRS releases first cryptocurrency guidance in five years," Norton Rose Fulbright Legal Update, November 2019
- Co-author, "State Bar of Texas Tax Section Comments on Notice 2016-23 on Implementation of Partnership Audit Regime Enacted Under 2015 Bipartisan Budget Act," May 2016
- State Bar of Texas - Section of Taxation
- Houston Bar Association, Tax Section
- Houston Young Lawyers Association
Insights
IRS to tax staking rewards as income
Publication | August 28, 2023
Tax implications for digital assets in the Infrastructure Investment and Jobs Act
Blog | December 14, 2021