Derek Young advises clients on state and local tax (SALT) implications of changes in business activities and corporate transactions, including mergers and acquisitions, financings, sales and restructurings. He advises companies on major state and local taxes such as sales and use, gross receipts, income, franchise, withholding, unemployment, property and excise taxes.
In addition, Derek represents clients in all phases of SALT and unclaimed property controversies, including alternative dispute resolution and negotiating with administrative agencies to amicably resolve disputes before litigation and without publicity. He has represented clients in SALT controversies covering income, franchise, telecommunications, property, gross receipts, unemployment, and sales and use taxes.
Derek has significant experience advising oil and gas companies and utilities. He notably spent several years representing an oil field services company in property tax litigation spanning over 130 Texas counties — through trial court, two intermediate appellate courts and the Texas Supreme Court.