Profile

Jimmy Greene heads the Firm’s Tax practice group. He advises clients on the United States federal and North Carolina state tax implications of transactions. He has particular experience with federal and state tax controversies, including counseling during tax audits and representing clients in administrative and judicial appeals. In addition, Mr. Greene works with clients on joint ventures, limited liability companies and other pass-through entities. He regularly represents institutional clients and developers in real estate joint venture transactions. He also has significant experience with Section 1031 like-kind exchanges.

Mr. Greene also regularly works with the Firm’s Corporate & Securities Practice Group in the tax structuring of merger and acquisition transactions. He advises clients as to the United States international tax implications of inbound and outbound transactions.

Mr. Greene is a certified public accountant. In addition, he is a frequent speaker at seminars on limited liability companies and Section 1031 like-kind exchanges.

Experience Highlights

• Prepares LLC operating agreements
• Structures stock and asset sales
• Represents corporate clients in controversies with the Internal Revenue Service and the North Carolina Department of Revenue
• Advises clients on the sale and acquisition of membership interests in limited liability companies
• Advises publicly traded clients as to tax positions for FIN 48 purposes
• Structures and negotiates real estate development joint ventures involving shopping centers, residential condominiums and mixed-use developments
• Advises foreign clients as to the U.S. tax implications of U.S. investments
• Advises a U.S. software and internet client as to the tax implications of globalizing its operations and making foreign investments
• Advises and structures deferred and reverse-deferred like-kind exchanges of real estate and corporate aircraft
• Advises S Corporations

News

• Forty-Two Parker Poe Attorneys Named as 2012 NC Super Lawyers
  January 20, 2012
• Business North Carolina Names 16 Attorneys to 2012 Legal Elite
  January 9, 2012
• 69 Parker Poe Attorneys Recognized as Best Lawyers® for 2012
  September 6, 2011
• Thirty-Seven Parker Poe Attorneys Named NC Super Lawyers for 2011
  January 25, 2011
• Business North Carolina Names 13 Attorneys to 2011 Legal Elite
  Firm Partner Catharine Biggs Arrowood “Top Vote-Getter” for Antitrust
  January 21, 2011
• 61 Parker Poe Attorneys Recognized as Best Lawyers® for 2011
  August 18, 2010
• Law & Politics Names 36 Parker Poe Attorneys as Super Lawyers
  January 28, 2010
• Uncertain Tax Positions? Get Ready to Tell the IRS Everything
  Business Law Alert
  January 27, 2010
• Twelve Parker Poe Attorneys Among "Legal Elite" for 2010
  January 4, 2010
• 55 Parker Poe Attorneys Recognized as Best Lawyers®
  July 30, 2009
• Separate Return Filing in North Carolina? Think Again Under Recent Wal-Mart Case
  Business Law Alert
  June 11, 2009
• Forty-Six Attorneys Named Super Lawyers
  January 26, 2009
• Twenty-One Parker Poe Attorneys Among "Legal Elite" for 2009
  January 1, 2009
• Parker Poe Increases Number of Attorneys Recognized as Best Lawyers in America
  October 1, 2008
• More than 50 Parker Poe Attorneys among Business Leader's Top Lawyers
  September 24, 2008
• Twenty-One Parker Poe Attorneys Among "Legal Elite" for 2008
  January 14, 2008
• Fifteen Parker Poe Attorneys Among "Legal Elite"
  January 8, 2007
• Uncertain Tax Positions FASB Issues Interpretation No. 48
  September 6, 2006
• Parker Poe Attorney Honored in Charlotte Business Journal's 40 under 40
  June 8, 2006
• Farmer & Greene to Discuss Tenants-in-Common
  September 2, 2005
• James N. Greene III Has Been Named Partner
  July 25, 2005
• Deadline Approaching to Secure Tax Credits at Current Level for Investment in Machinery and Equipment
  December 21, 2002
• The Economic Growth and Tax Relief Reconciliation Act of 2001 - Recent Tax Changes
  July 15, 2001

Memberships

• Speedway Children's Charities
  Board Member
• The Matthews Health Clinic
  Board Member

Cases

• Emergence of a Leading Research Institute