Akin Gump Strauss Hauer & Feld LLP
Areas of Expertise:Biofuels, Geothermal, Renewables, Solar, Tax Policy, Water, Wind
Additional Areas of Expertise:
Global Project Finance, Real Estate and Infrastructure Funds, Investment Management and Transactional Tax, Private Equity Transactions, Hydroelectric, Aviation, International Tax, Energy and Natural Resources Funds, Private Equity Transactions, Biomas
David K. Burton advises clients on a wide range of U.S. tax matters, with a particular emphasis on project finance and energy transactions. In addition, he also advises clients on tax matters regarding the formation and structuring of domestic and offshore investment funds.
Practice & Background
Mr. Burton has extensive experience structuring tax-driven vehicles, such as sale-leasebacks, flip partnerships, inverted leases and other structures, for the acquisition and financing of renewable energy assets.
Prior to joining Akin Gump, Mr. Burton was the managing director and senior tax counsel at GE Energy Financial Services (GE EFS), one of the world’s leading investors in energy projects. At GE EFS, Mr. Burton oversaw all of the tax aspects for over $21 billion in global energy projects from structuring transactions to accounting for taxes to formulating tax policy initiatives. During his tenure at GE EFS, the division’s investments in wind, solar, hydro, biomass and geothermal power grew to $6 billion, making GE EFS the largest tax-advantaged energy investor in the U.S. Before joining GE EFS, Mr. Burton was a tax lawyer at GE Capital and primarily focused on aircraft and equipment leasing and financing and asset acquisitions. From 1996-2000, Mr. Burton was a tax lawyer at a large, international law firm in Philadelphia.
Mr. Burton is editor of Akin Gump’s Tax Equity Telegraph blog that is intended to address the intersection of tax policy and energy policy in the United States.
Mr. Burton was also quoted in North American WindPower’s article “Is Treasury More Closely Scrutinizing Cash-Grant Applications” and in the National Association of Realtor’s article “IRS to Closely Evaluate What Classifies as REIT.” He is also quoted in North American WindPower’s article “IRS Provides Certainty For Wind Developers To Move Forward With PTC-Eligible Projects.”
Mr. Burton received his B.A. magna cum laude from Ithaca College in 1993 and his J.D. cum laude from the Georgetown University Law Center in 1996, where he was on the staff of The Tax Lawyer.
David K. Burton, PartnerrnAkin Gump Strauss Hauer & Feld LLPrndburton@akingump.com / +1 212.872.1068
Recent Comments by David Burton
- "To answer the questions: Yes, I think net metering is a fair system for compensating owners of distributed generation. (This is not to suggest that t"
Changing Times for Electric Utilities
- "I think the Baucus energy tax reform proposal is a balanced approach worthy of consideration. I like the fact that it is technology neutral and provid"
Simplifying the Energy Tax Code