1111 Pennsylvania Ave. NW\\Washington, DC 20004-2541\\United States
With more than 30 years of experience, Peter M. Daub concentrates his practice in the areas of international and domestic tax planning for US- and foreign-based multinationals, financial institutions, and financial intermediaries. Domestically, he helps US-based multinational clients in deferral and repatriation structures and foreign tax credit planning and provides tax advice on financial and currency transactions. For foreign-based multinationals, Peter’s principal areas of concentration include the structuring of US operations, withholding tax minimization, and enhancement of US tax treaty benefits. He has counseled a wide range of clients on withholding, including on Foreign Account Tax Compliance Act issues.
Peter also advises both US- and foreign-based clients on the tax aspects of major corporate restructurings and assists clients in establishing, maintaining, and unwinding cross-border private equity and other fund structures. Peter’s clients include multinational institutions in virtually all major industries, including technology, consumer products, aerospace, telecommunications, banking, finance, insurance, defense, and energy.
Peter previously served as associate international tax counsel at the US Department of the Treasury, where he had principal responsibility for the development and subsequent implementation of some of the most important international tax provisions in the Tax Reform Act of 1986, including those related to the foreign tax credit and Subpart F.
Peter is listed in Chambers Global and The Best Lawyers in America as one of the best tax experts in the United States and in Washingtonian Magazine as one of the best tax lawyers in Washington, DC. He currently serves as editor-in-chief of the Journal of International Taxation, and he was the US reporter on one of the two designated topics for the International Fiscal Association’s 2007 Global Congress. Peter is a co-author of the “Foreign Corporations and Foreign-Source Income” chapter of Bittker & Eustice: Federal Income Taxation of Corporations & Shareholders (7th edition), a leading treatise covering income taxation of corporations and shareholders.
Note: This list includes engagements completed prior to joining Morgan Lewis.
Designed repatriation structures for a variety of US-based multinationals in several industries.
Advised several publicly-traded US companies on their inversion transactions.
Designed structures for the acquisition of US operations by companies headquartered in Europe and Latin America.
Designed a structure for an intercontinental telecom joint venture.
Designed the supply chain restructuring for a consumer products group.
Designed structures to maximize US income tax treaty benefits for foreign pension and other funds.
Advised on a structure of total return swap and securities lending structures to minimize US withholding tax for foreign banks and hedge funds.
Advised several foreign-based funds on the minimization of US tax costs associated with investment in US life settlements.
Awards and Affiliations
Member, Practice Group of the Year, Tax, Law360 (2017)
Ranked, Tax, District of Columbia, Chambers USA (2018, 2019)
Ranked, Chambers Global: The World’s Leading Lawyers for Business (2007–2017)
Recognized, Tax Law, Washington, DC, The Best Lawyers in America (2007–2020)
Washington, DC Top Lawyers, Washingtonian Magazine (2011–2015)
Member, Bar Association of the District of Columbia