Cole Schotz P.C.



Philip R. Hirschfeld
New York Office
1325 Avenue of the Americas, 19th Floor, New York, NY 10019
T: 646-563-8955 / C: 917-763-6704 / F: 646-563-7955
Legal Practice Assistant: Veronica Marshman
T: 201-489-3000


Philip Hirschfeld, an associate in the Tax, Trusts & Estates Department, focuses his practice in the areas of tax planning, tax controversy and international tax planning. His practice focuses on formation, sale or restructuring of businesses (including mergers and acquisitions), real estate investments (including Qualified Opportunity Zone Funds), partnership tax planning, debt restructuring, cross border investments and planning for non-US persons coming to work or live in the US and US companies operating abroad as well as advising clients on the tax aspects of such transactions. Before joining Cole Schotz, he concentrated on foreign investment in U.S. real estate, cross-border investments by U.S. companies operating abroad, and income tax planning for high net-worth individuals at a boutique international tax law firm.

Philip is an active member of the ABA Section of Real Property, Trust and Estate Law, where he is chair of the Committee on Federal Taxation of Real Estate. He is also an active member of the ABA Section of Taxation and chair of the FATCA subcommittee of their Committee on U.S. Activities of Foreigners and Tax Treaties. He has also been appointed to the Bloomberg Tax Pass-Through Entities Advisory Board. Philip is a recipient of the Nolan Fellowship from the Section of Taxation, which recognizes leadership qualities and a commitment to the Tax Section. In addition, he is the recipient of a Fellowship from the Real Property, Trust and Estate Law Section honoring future section leaders.

He has lectured on cross border real estate investments, Qualified Opportunity Zone Funds, mergers & acquisitions, partnership tax planning and other topics for the American Bar Association, New York University, the Florida Annual Tax Institute and other groups and has authored several articles for numerous publications on cross border investments, qualified opportunity zones, recent tax legislation and other subjects.

Philip received his B.A. from New York University in Digital New Media and Urban Design & Architecture, magna cum laude in 2006, his J.D. from The George Washington University Law School in 2009, and his LL.M. in taxation from the New York University School of Law in 2013. He is admitted to practice in both New York and the District of Columbia.


New York University School of Law, LL.M. in Taxation, 2013The George Washington University, Law School, J.D., 2009New York University, Gallatin School of Individualized Study, B.A.
magna cum laude, 2006

Bar & Court Admissions

District of Columbia, 2012 (inactive)New York, 2011U.S. District Court, Eastern District of New York, 2011U.S. District Court, Southern District of New York, 2011


Recent Events

Foreign Investment in U.S. Real Estate
Attorney Speaking: Philip R. HirschfeldFebruary 28, 2019
2018 ABA RPTE Spring Symposia
Attorney Speaking: Philip R. HirschfeldMay 10, 2018
Common Cross-Border Issues in M&A and Tax Planning
Attorney Speaking: Philip R. HirschfeldAugust 2, 2017
Foreign Persons Investing in US Real Estate and Other Assets: Partnership and Other Structures, Treaty Planning and Financing Strategies
Attorney Speaking: Philip R. HirschfeldJuly 20, 2017



SALT CAP Workaround – An IRS Holiday Gift

Tax, Trusts & Estates Law November 23, 2020

Philip R. Hirschfeld
2017 Tax Act Overview: A Helpful Hand for Most Real Estate

American Bar Association May 1, 2018

Should I be a C Corp? Choice of Entity after Tax Reform

Tax, Trust & Estates Law January 22, 2018

Inversions Under Siege: Treasury’s Latest Countermeasures

Journal of Taxation and Regulation of Financial Institutions July, 2016

Partnership Property Contributions: The Good, The Bad and the Ugly

BNA Tax Management Real Estate Journal February, 2016

Purchasing a Partnership/LLC Interest: Tax Tip #2 – Code Section 754 Election

Real Property, Trusts & Estates e-Report August, 2015

Purchasing a Partnership/LLC Interest: Tax Tip #1—Requiring Tax Distributions

Real Property, Trusts & Estates e-Report May, 2015

FATCA 2013 Overview: Getting Down to the Wire

Journal of Taxation and Regulation of Financial Institutions March/April, 2014

FATCA Update: Navigating the Electronic Registration Portal

BNA Tax Management International Journal November 8, 2013

FATCA’s Impact on Real Estate Funds

GGI Real Estate News Summer, 2013


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