About
Shelly Teleoglou founded SBT Law, PC to focus on tax planning for businesses and business owners, including tax structuring and issues related to mergers and acquisitions. Shelly is highly skilled in managing the tax complexities of tax-deferred exchanges, corporate reorganizations and spin-offs, and mergers and divisions of tax partnerships.
Growing up as the third generation in her family's tax return preparation business, Shelly has a unique (if nerdy!) understanding of tax and business needs. She also brings to her tax planning practice a wealth of experience in business law, including strategic guidance on entity organization and sophisticated agreements. With this combined background, she crafts innovative solutions that adeptly meet her clients' business, tax, and legal objectives.
Practice Areas:
- Tax Issues in Mergers & Acquisitions
- Corporate Tax
- Partnership Tax
- US Tax Issues in Cross-Border Transactions
Services
Tax Law Advice for Businesses
- Taxable and tax-free business dispositions, mergers, exchanges, reorganizations, divisions, and spin-offs
- Business acquisitions
- Restructuring related businesses
- Taxable and tax-free distributions
- Tax-related provisions of operating and similar agreements
- Profits interests and other equity incentives
- Structure of new ventures and joint ventures, including choice of entity and tax consequences
Fractional Tax Lawyer Services for Law Firms
EDUCATION
New York University School of Law
Executive LL.M. in Taxation
University of North Carolina School of Law
Juris Doctor
North Carolina State University
Bachelor of Science, Business Management
AWARDS
Super Lawyers Southern California Rising Stars: 2018-2024
Best Lawyers: Ones to Watch
Selected Experience
CORPORATE TAX
Advised on tax-deferred exchanges under Section 351 and reorganizations under Section 368(a), including (i) qualification of pre-financing transactions under Section 368(a)(1)(F), Section 368(a)(1)(E), and/or as a “meaningless gesture” and effect on qualification under Section 1202 and (ii) “spin-off” for pre-initial public offering corporation with complex capitalization structure.
PARTNERSHIP TAX
Advised tax partnerships on mergers, divisions, related capital account issues, and effect of allocation provisions of limited liability company and partnership agreements.
UP-C
Advised tax partnership on tax and structuring of initial public offering of “upstream” corporation and drafted Tax Receivables Agreement.
CROSS-BORDER TRANSACTIONS
Advised domestic corporations in connection with financings and sales on application of Sections 367 and 7874 and differing applications under California law and tax partnerships on international transactions subject to Section 721(c).