David Shechtman is of counsel to Drinker Biddle, where he assists clients with a wide range of federal, state and local tax matters, including tax aspects of mergers, acquisitions and recapitalizations; S corporations and partnerships; and administrative appeals of federal, state and local tax controversies. He has developed a national practice in the area of like-kind exchanges of real estate and other assets. In his capacity as counsel to taxpayers and various exchange intermediaries, David has structured and documented hundreds of like-kind exchange transactions for major oil and gas, telecommunications and transportation companies, as well as REITs and smaller real estate owners. His forms of exchange documents are widely-used in the industry, and he has served as an expert witness in several lawsuits involving like-kind exchange issues.
David frequently writes on tax topics and lectures at American Bar Association meetings and various conferences on tax law. He also is the author of the chapters on federal and Pennsylvania taxes in the West publication “Pennsylvania Forms and Commentary – Business Organizations” and edited the Checkpoint Catalyst volume on “Taxable Stock Acquisitions” (Topic 114).
David often speaks on the subject of like-kind exchanges and other tax topics and has been quoted frequently on tax issues in the Wall Street Journal and other business publications. He has spoken at all 20 National Conferences on Like-Kind Exchanges sponsored by the Center for Professional Seminars and Wells Fargo Exchange Services, as well as various programs sponsored by the Pennsylvania Bar Institute and the NYU Federal Tax Institute.