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Adnan Islam
JD, MBA, LL.M., CPA, Partner
One Liberty Plaza
165 Broadway, Floor 21
New York, NY 10006
p 212-897-6416
f 212.842.7001
165 Broadway, Floor 21
New York, NY 10006
p 212-897-6416
f 212.842.7001
3415 South Sepulveda Boulevard
Suite 1174
Los Angeles, CA 90034
p 213.260.2969
Suite 1174
Los Angeles, CA 90034
p 213.260.2969
Adnan Islam is a partner and co-practice leader of the firm’s International Tax group. Adnan also serves as the Blockchain/ Cryptocurrency Tax Transactions Leader for Friedman LLP.
He has more than 15 years of public accounting experience as a licensed tax attorney. He specializes in cross-border strategies, comprehensive inbound tax services, global information reporting and outbound U.S. tax incentives and credits that optimize international operations and transactions. He has advised U.S.-based and inbound companies within the technology, pharmaceutical/life sciences, alternative investments, manufacturing and distribution and professional services sectors.
Expertise
His experience includes:
- Advising companies, owners and fund partners to optimize their tax structures and achieve compliance as they navigate the blockchain and cryptocurrency spaces
- Managing international tax analyses within various jurisdictions including: Canada, UK, Switzerland, Netherlands, Malta, Australia, China, Hong Kong, India, Singapore, Cyprus, Germany, Ireland and Mexico
- Advising on cross-border reorganizations including mergers, acquisitions and liquidations
- Providing guidance to inbound companies with respect to their expansion into and growth within the US, including advising on dept-equity issues, dispositions of US real estate (FIRPTA), foreign partner reporting and withholding
- Coordinating with foreign partners and technical branches of the IRS/Treasury
- Researching and analyzing technical international tax positions with respect to subpart F, sections 956, 951A, 245A (DRD) 962(d), 250 (GILTI & FDII deductions), etc.
Affiliations
- Licensed attorney admitted to practice law in New Jersey, Washington, D.C. and California
- Certified Public Accountant (CPA) (NY and CA)
- Taxation Law Certified Specialist (State Bar of California)
- American Institute of Certified Public Accountants
- Enrolled Agent (EA), authorized to practice before the IRS
- Blockchain Technologies certification, MIT
Insights & Events
- March 15, 2020 32nd Annual ROTH Conference
Friedman LLP's SEC Services Group is proud to be a sponsor and exhibitor at the 32nd Annual ROTH Conference! The conference brings...
Read more - October 15, 2019 IRS Releases First Cryptocurrency Tax Guidance in Five Years
On October 9th, the Internal Revenue Service (IRS) issued the first cryptocurrency tax guidance since 2014, advising digital currency holders...
Read more - July 29, 2019 TCJA-Altered Landscape Keeping Firms from Relocating
The recent corporate tax rate drop to 21 percent may be causing U.S. based companies to think twice before relocating...
Read more - June 14, 2019 International Tax Alert: Withholding Tax on Sales of Partnership Interests by Foreign Person(s)
The Tax Cuts and Jobs Act (“TCJA”) imposed tax on gains derived from the disposition of interests in partnerships carrying...
Read more
- October 15, 2019 IRS Releases First Cryptocurrency Tax Guidance in Five Years
On October 9th, the Internal Revenue Service (IRS) issued the first cryptocurrency tax guidance since 2014, advising digital currency holders...
Read more - July 29, 2019 TCJA-Altered Landscape Keeping Firms from Relocating
The recent corporate tax rate drop to 21 percent may be causing U.S. based companies to think twice before relocating...
Read more - June 14, 2019 International Tax Alert: Withholding Tax on Sales of Partnership Interests by Foreign Person(s)
The Tax Cuts and Jobs Act (“TCJA”) imposed tax on gains derived from the disposition of interests in partnerships carrying...
Read more - May 8, 2019 IRS Campaign Shifts the Focus to Transfer Pricing
The IRS Large Business & International (“LB&I”) division recently announced three new compliance campaigns affecting transfer pricing. The goal of LB&I’s new...
Read more - May 7, 2019 Adnan Islam Certified as Taxation Law Specialist by State Bar of California
On May 1, Adnan Islam was admitted by the State Bar of California as a certified specialist in the field of...
Read more - December 11, 2018 Tax Structuring and Planning Considerations for International Businesses
With 2019 around the corner, international businesses still have an opportunity to restructure ownership and operations to exploit the dramatic changes...
Read more - November 19, 2018 Inbound US Tax Issues for Middle Market Companies
Friedman's Adnan Islam recently authored an article featured in Law360 regarding the tax changes brought along by the Tax Cuts and...
Read more - August 9, 2018 Adnan Islam Joins Friedman LLP as International Tax Partner and Co-Practice Leader
Friedman LLP is pleased to announce that Adnan Islam has joined the firm’s New York office as an international tax...
Read more
- March 15, 2020 32nd Annual ROTH Conference
Friedman LLP's SEC Services Group is proud to be a sponsor and exhibitor at the 32nd Annual ROTH Conference! The conference brings...
Read more
