Kate Roth Talks Operating Agreements for OSB Tax Law Seminar
On October 21, Tonkon Torp attorney Kate Roth was a featured speaker at the “Broadbrush Taxation: Tax Law for Non-Tax Lawyers” seminar hosted by the Oregon State Bar Taxation Section. The event was designed to help non-tax lawyers understand key tax issues.
Kate’s segment focused on the tax aspects of operating agreements. She offered general considerations and tips for drafting operating agreements, and reviewed new rules regarding partnership representative roles and responsibilities – which may determine what is included in an agreement. She also looked at the implications of distribution and allocation provisions, and wrapped up by discussing S elections and how to address the subsequent tax consequences within agreements.
Kate is an associate in Tonkon Torp’s Tax and Executive Compensation & Employee Benefits practice groups. Her practice focuses on federal and state tax impacts of business transactions, including taxation of corporations, partnerships, and LLCs. Kate also works with Lewis & Clark’s Low Income Taxpayer Clinic to represent pro bono clients before the Internal Revenue Service. Before joining Tonkon Torp, she served a two-year judicial clerkship at the U.S. Tax Court in Washington, D.C.