Stephen J. Watson
Steve Watson is a tax partner in the Washington, DC office. He specializes in the tax aspects of municipal finance, including financings for governmental, infrastructure, healthcare, education, utility, transportation, and energy projects.
He frequently advises clients on matters before the Internal Revenue Service, including private letter rulings, voluntary closing agreements, and examinations.
Before he joined the Firm in 2006, Steve served as Associate Tax Legislative Counsel in the United States Treasury Department's Office of Tax Policy. At Treasury, he was responsible for policy matters and published guidance relating to municipal finance, including arbitrage and private use restrictions, refundings, public power and electric industry restructuring, energy prepayments, New York liberty bonds, qualified zone academy bonds, clean renewable energy bonds, private activity bonds for solid waste and transportation facilities, and hospital acquisitions.
Steve is a member of the National Association of Bond Lawyers and the Tax-Exempt Financing Committee of the American Bar Association.
LLM, in Taxation, with distinction, Georgetown University Law Center, 1992
JD, Georgetown University Law Center, 1989
BA, Political Economy, Williams College,1985
While in law school, Steve was an Associate Editor on the American Criminal Law Review.
- California State Bar
- District of Columbia Bar
- Minnesota State Bar
- New York State Bar
The IRS provides additional guidance on the type of remedial action that issuers may take to preserve the tax-advantaged status when there is an occurrence of “nonqualified uses” of bond proceeds..
May 03, 2018
We are writing to alert you to a serious threat to your continued ability to finance capital assets with tax-exempt bonds..
November 02, 2017