Charles S. Kolstad

Partner

Charles is a partner in the private client, tax and corporate teams.

*Admitted in California and New York only. Currently not admitted in Connecticut.

He focuses his practice on international tax, corporate, and partnership matters. He assists clients in tax and corporate planning relating to the acquisition, disposition and restructuring of businesses, corporations and partnerships both domestically and internationally. Charles frequently advises foreign individuals moving to the U.S. on pre-immigration, income, gift and estate tax planning opportunities. Charles also focuses his practice on the cannabis industry/cannabusiness, crypto assets and block chain technology, and tax issues related to initial coin offerings (ICOs), initial DEX offerings (IDOs) and initial exchange offerings (IEOs).

In addition, he advises DJs, actors and actresses, musicians, songwriters, producers, directors and financers, both domestic and foreign, on a wide range of individual and corporate tax issues, specific to the entertainment industry. Charles has written several articles and given many presentations on entertainment tax issues.

He has advised over 200 clients with unreported foreign financial accounts, foreign trusts, and other foreign investments, on the filing of FBARs and other information returns, and whether participating in the IRS’s various offshore voluntary disclosure programs is appropriate. Charles has written and lectured on the extensive information reporting requirements for U.S. taxpayers with international business operations.

Charles has extensive experience in representing clients during audits by the IRS or the California Franchise Tax Board, as well as in front of the IRS Appeals Office or IRS Collection.

Charles is recognized as a “key lawyer” by The Legal 500 US in 2021 and 2020 in the area of international tax.

Secrétaire Kathy White

Admissions

Publications

Memberships

Talks

New York 1980

California 1992

Amendments to OECD Cryptoasset Framework Focus on Inclusion,’ Tax Notes - October 12, 2022, quoted

Treasury Offers Framework for Regulating Crypto Internationally,’ Accounting Today - July 8, 2022, quoted

Crypto-Rich Puzzle Over How to Pass On High-Risk Wealth to Heirs,’ Bloomberg News - May 5, 2022, quoted

Board of Directors, Temple Emanuel of Beverly Hills

‘Business Law Essentials - Tax Aspects of M&A Transactions,’ ABA Business Law Section Annual Meeting - September 17, 2022, speaker

NFTs: Protection for digital artwork leads to tax and planning complexities,’ STEP Los Angeles live webinar - November 11, 2021, speaker

Études


Langues


  • English

Dates


A rejoint

2019
Associé

2019

Distinctions


Regularly works with...