Christopher McLoon

Member

Recent Publication:

Allocating Preformation Capital Expenditure Reimbursement

Christopher McLoon discussed preformation capital expenditure reimbursement in Tax Notes Federal, Volume 174.

Christopher focuses his practice on providing tax counsel to businesses, investors, and real estate developers. He applies his knowledge and experience in tax law, partnerships, and limited liability companies to assist clients in structuring business transactions to optimize business and tax results. Those structures address the needs of all sponsors and investors, including foreign and tax-exempt investors, using a variety of entity types, including partnerships, corporations, and REITs. He also assists investors and developers with structuring for projects to qualify for and benefit from low-income tax credits, historic tax credits, new markets tax credits, and renewable energy tax credits.

Prior to joining the firm, Chris was a partner in the tax department of a full-service firm based in Boston, Massachusetts. Before that, he was a shareholder and chair of the affordable housing and community development practice group at a general practice law firm in Portland, Maine. A leader in tax and corporate law, Chris is recognized by Chambers and Partners USA and Best Lawyers, receiving Best Lawyers' 2016 "Lawyer of the Year" distinction in the Business Organizations category. He is also a member of the Tax Section of the American Bar Association, where he is a John S. Nolan Fellow and previously chaired the Section 708 Partnership Terminations Subcommittee.

Chris earned his LL.M. in Taxation from the New York University School of Law after earning his J.D., cum laude, from Vermont Law School and his B.S. from the University of Maine.

Experience

News

Best Lawyers Honors More Than 200 Cozen O'Connor Attorneys in its Best Lawyers in America 2025 Edition

August 15, 2024

Best Lawyers selected 242 Cozen O’Connor lawyers from 24 of the firm’s U.S. offices for inclusion in the 2025 edition of The Best Lawyers in America and Best Lawyers: Ones to Watch in America.

Nearly 100 Cozen O’Connor Lawyers, 27 Practices Earn Top Recognition in Chambers USA 2024 Guide

June 10, 2024

Chambers USA rankings are based on an “assessment of a firm’s work and opinions from external market sources, with an emphasis on client feedback.” In order to be ranked in the guide, lawyers and firms must demonstrate “sustained excellence.”

After Tax Day, Several Tax and Budget Policy Issues Gain Prominence

April 18, 2024

Chris McLoon was quoted in a NYSSPCA article, originally published in Accounting Today, discussing tax-related issues in light of the upcoming election season.

Best Lawyers Honors More Than 200 Cozen O'Connor Attorneys to its Best Lawyers in America 2024 Edition

August 17, 2023

Best Lawyers selected 232 Cozen O’Connor lawyers from 24 of the firm’s U.S. offices for inclusion in the 2024 edition of The Best Lawyers in America.

Business Today Names 32 Cozen O'Connor Attorneys to Its Top 10 Lists

July 28, 2023

These lists recognize lawyers “mastering,” “leading,” “revolutionizing,” and “dominating” their fields in their respective states and nationwide.

Eighty-eight Cozen O’Connor Lawyers, 23 Practices Earn Top Recognition in Chambers USA 2023 Guide

June 05, 2023

Of the 88 lawyers ranked, 17 lawyers have been recognized nationally, and eighteen were recognized in Band 1. Eight of the firm's practice areas have been recognized nationally, and nine were ranked Band 1.

Veteran Tax Attorney Christopher S. McLoon Joins Cozen O’Connor in Philadelphia

May 15, 2023

McLoon has spent nearly three decades providing strategic tax guidance to major businesses, investors, and real estate developers.

Publications

Allocating Preformation Capital Expenditure Reimbursement

September 20, 2024

Christopher McLoon discussed preformation capital expenditure reimbursement in Tax Notes Federal, Volume 174.

Drafting Partnership Agreements: Ensuring You Get the Returns You Bargained For [Alert]

September 18, 2024

Christopher McLoon discusses what PIP (partners interests in the partnership) allocations are and when and why they should be used.

Forming a Partnership/LLC: A Checklist for Avoiding Pitfalls [Alert]

August 27, 2024

Christopher McLoon shares advice for businesses and their managers to avoid unintended tax consequences when forming a partnership.

A Cocktail of Labor Policy, Energy Policy & Tax Policy: Prevailing Wage and Apprenticeship Rules [Alert]

July 23, 2024

Chris McLoon discusses the Prevailing Wage and Apprenticeship (PWA) regulations' key points.

An Energy/Production Credit Boost – IRS Issues Notice with Safe Harbor for Domestic Content [Alert]

May 29, 2024

Chris McLoon discusses how taxpayers can qualify for increased renewable energy tax credits following the IRS' recent notice.

Treasury Issues Game-Changing Final Regulations on Domestically Controlled REIT Status [Alert]

May 01, 2024

Chris McLoon discusses the U.S. Treasury's new rules for Real Estate Investment Trusts (REITs), which will affect how foreign investors are taxed.

Tax Court: Limited Partner Exception to Self-Employment Taxes Is...Limited [Alert]

December 18, 2023

Christopher McLoon discusses a Tax Court ruling that a limited partner's share of income may be subject to self-employment tax.

IRS Proposes Helpful Rules for Energy Tax Credits [Alert]

November 27, 2023

Chris McLoon and Wendy Venoit discuss the Internal Revenue Service’s proposed regulations concerning energy tax credits.

Industry Sectors

Education

  • Vermont Law School, J.D., cum laude, 1994
  • New York University School of Law, LL.M., 1995
  • University of Maine, B.S., 1991

Awards & Honors

Chambers and Partners USA, 2010-2024

The Best Lawyers in America, 2007-2025; "Lawyer of the Year" in Business Organizations in Portland, Maine

Top 10 Massachusetts Tax Lawyers, Business Today, 2023

Massachusetts Lawyers Weekly, "Go To Taxation Lawyer," 2022

Super Lawyers, 2007, 2011-2013

Martindale-Hubbard, AV Rated

  • Maine
  • Massachusetts
  • New York
  • Pennsylvania
  • District of Columbia
  • U.S. Tax Court

American Bar Association, Tax Section, John S. Nolan Fellow