Browne, Patrick J. Jr.

Current Employment Position(s)

Associate

Lawyer Overview

Patrick Browne represents major corporations and private equity funds on a wide range of federal income tax matters, including mergers, acquisitions, dispositions, and restructurings. He focuses on general corporate tax issues, international tax planning, and partnership-related issues, including section 355 distributions, tax-free reorganizations, cross-border tax planning, FIRPTA-related issues, tax treaty issues, and section 470. Patrick is also a member of the Firm's Washington, D.C. Pro Bono Committee.

Before joining Jones Day, Patrick was a senior manager in the national tax office of a Big Four accounting firm. Prior to that, he was an associate at a New York-based international law firm where he focused on advance pricing agreements for a Fortune 100 company and various U.S. international tax issues, such as foreign tax credit optimization and subpart F planning.

Patrick is a member of the American Bar Association (Taxation Section) and the District of Columbia Bar Association (Tax Section).

Areas of Practice

• Tax

Representative Cases

• Bridgestone acquires Bandag for $1 billion
• Charity foundation, dedicated to the restoration of World War I Memorial, receives assistance with its formation and application for tax-exempt status , (2009)
• Morgenthaler, Parthenon Investors, and rePipe Holdings complete sale of rePipe subsidiaries
• Pfizer sells consumer healthcare business to Johnson & Johnson for $16.6 billion , (2009)
• Primus Capital invests in PathGroup and Associated Pathologists
• Riverside sells PPC Insulators to Seves
• SunPower acquires SunRay Renewable Energy for $277 million , (2010)
• The 1990 Institute, which aids China by studying and resolving economic and social issues associated with its rapid development, collaborate with lawyers in multiple offices , (2007)
• The Timken Company structures global employees' stock purchase and stock option plans
• Theatrical organization obtains federal tax-exempt status
• There Goes My Hero, a non-profit organization that will fund cancer research and educate the public of the pivotal role that the National Bone Marrow Program plays in saving the lives of cancer patients, applies for tax-exempt status
• Timken company acquires The Purdy Corp. , (2009)
• Timken sells Latrobe Steel , (2009)
• Timken signs agreement to sell needle roller bearings business to JTEKT , (2009)
• US-Iran Cultural Alliance, a charity dedicated to improving relations between the US and Iran by fostering mutual understanding among their citizens, applies for tax-exempt status
• Virage Logic acquires non-volatile memory (NVM) IP business from Impinj , (2009)

West Practice Categories

Corporate Taxation, Estate & Gift Taxation, Excise Taxes, Income Taxation, International Taxation, Payroll Taxes, Property (Ad Valorem) Taxes, Sales & Use Taxes, Taxation Law

Bar Admissions

• District of Columbia
• Louisiana

Education

• Georgetown University
• Tulane University

Published Works

• American Recovery and Reinvestment Tax Act of 2009: Description of Key Business Provisions, 2009
• 470 & Pass-Thru Entities, Business Entities, 2005

Address

51 Louisiana Avenue, N.W.
Washington, DC 20001-2113

Phones

1.202.879.5457 (Business Phone)

Faxes

1.202.626.1700 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com