George W. Scofield
Of Counsel
Norton Rose Fulbright US LLP
Related services and key industries
Biography
George Scofield is a partner in the San Antonio office and a member of the US Management Committee.
George has a general tax, health care and business practice. He has extensive experience in:
- Public charity and private foundation tax compliance and charitable giving
- Internal tax compliance reviews and audits
- IRS Audits, appeals and closing agreements
- Federal, state and local tax matters
- Multi-hospital joint ventures, mergers, acquisitions, joint operating agreements and other affiliations
- Hospital and physician joint ventures, integrated delivery systems networks, acquisition of physician practices and other physician/hospital affiliations
- Whole-hospital joint ventures
- Partnerships, limited liability companies, mergers and acquisitions, tax-exempt organizations and S corporations
- Sophisticated executive incentive compensation planning
George has participated in all facets of tax analysis associated with tax-exempt bond financings for:
- Tax-exempt organizations (including hospitals, colleges and universities)
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Political subdivisions (including colleges, cities, counties and school districts)
- Conduit borrowers (including airports, single-family housing and manufacturers)
- Municipal utility financing (including electric, gas, water and sewage)
He has also successfully handled IRS audits of tax-exempt organizations and tax-exempt bonds on behalf of numerous clients. Other projects he has worked on include arbitrage, rebate, advanced and current refundings, yield restrictions and calculations, private business use tests, airport exempt financings, special revenue and exempt facilities financing, tax and revenue anticipation notes, commercial paper and other variable rate financing, forward purchase and other innovative financing techniques designed to meet the objectives of the issuer and applicable federal income tax restrictions.
Professional experience
Collapse allLL.M, Taxation, New York University School of Law, 1981
JD, Louisiana State University, 1980
BS, Louisiana State University, 1977
George was licensed to practice law in Texas in 1980 and in Louisiana in 1981.
- Texas State Bar
- The Best Lawyers in America, Best Lawyers, 1995 - 2021
- Best Lawyers - Tax Law, Best Lawyers, 2022 - 2024
- Best Lawyers in Texas, Wall Street Journal, 2016
- Lawyer of the Year, San Antonio: Tax law, Best Lawyers, 2013
- Texas Super Lawyer, Tax, Thomson Reuters, 2003 - 2018
- Texas Top Rated Lawyer, LexisNexis Martindale-Hubbell, 2012 - 2014
- Chambers USA, Chambers & Partners, 2010 - 2013
- Legal 500 US, recommended lawyer, tax: domestic tax: central, The Legal 500, 2009 - 2014
- Hall of Fame, Louisiana State University
- Fellow, American College of Bond Counsel, 2014
- Who's Who in America, Marquis
- Outstanding Lawyer Award, San Antonio Business Journal, 2010
- Co Author, "Tax-Exempt Provisions in Health Care Reform ", Fulbright Briefing, April 1, 2010
- Co Author, "Navigating the Stimulus Legislation's New Municipal Bond Provisions", The International Law Firm of Fulbright & Jaworski - Public Finance, May 19, 2009
George has made presentations for continuing legal education seminars as well as the following:
- "The Ever Changing Structure of Health Care Organizations," UTHSC-SA, October 2007
- "Update on Legislation and Regulations Affecting Tax-Exempt Research Organizations" (including research re: same), R&D Nonprofits General Counsel Roundtable, October 2006
- "Best Practices in Foundation Governance," 58th Annual Conference of Southwest Foundations, October 2006
- "Top 10 Hospital/Physician Joint Venture Issues," HFMA Conference, January 2006
- "Here Comes the IRS: Compensation Audits/Reviews Joint Ventures After St. David's; Rev. Rul. 2004-51," Texas Health Law Conference, October 2004
- "Legal Considerations Related to Physician Ownership of Niche or Specialty Hospitals," HFMA Conference, January 2004
- "The Healthcare Roundtable Presentation: Hospital-Physician Joint Ventures," February 2003
- American Bar Association - Tax Section - Health Law Section
- State Bar of Texas
- Section on Taxation, former Chair, Chair-Elect, Treasurer, Secretary, Newsletter Editor and council member
- Health Law Section
- Gulf Coast Area TE/GE IRS Liaison Counsel
- America Health Lawyers
- National Association of Bond Lawyers
- State Bar of Louisiana