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Jason Schwartz
Partner
Fried, Frank, Harris, Shriver & Jacobson LLP

Jason Schwartz is a partner in the Tax Group of Fried, Frank, Harris, Shriver & Jacobson LLP. Jason represents banks, funds, investment managers, insurers and other parties in connection with tax issues relating to CLOs, catastrophe bonds, ABS transactions, REMICs, and other securitizations, risk retention structures, hedge funds, private equity funds, “treaty” funds and other investment funds, structured notes, swaps, and other derivatives, lending transactions and corporate acquisitions. He also advises lenders, borrowers (including securitization vehicles) and fund managers in connection with asset acquisitions, workouts, foreclosures and restructurings, as well as in the formation of vehicles to hold new and/or seasoned loans and securities.

The Legal 500 U.S. recognized Jason as a Next Generation Lawyer in 2017 and 2018.

Jason is the author of numerous tax articles and a Bloomberg BNA Tax Management Portfolio regarding the taxation of CLOs. He is a member of several trade organizations, including the Structured Finance Industry Group Tax Policy Committee and the Tax Section of the New York State Bar Association, to whose tax reports he regularly contributes. 

Jason is committed to pro bono work and community service. He received his B.A., cum laude, from New York University, his J.D., magna cum laude, from American University Washington College of Law, where he was inducted into the Order of the Coif, and his LL.M. in Taxation from New York University. He is admitted to practice in New York and the District of Columbia.

Practice Areas

  • Securitization & Asset Based Finance
  • Structured Products
  • Tax

Admissions

  • District of Columbia
  • New York

Education

  • New York University School of Law
    LL.M., 2013, Taxation
  • American University, Washington College of Law
    J.D., 2009, magna cum laude
  • New York University
    B.A., 2005, cum laude

Recent Articles & Comments

October 03, 2022

Consensus-layer stakers (like the plaintiffs in this case) run software that help maintain a blockchain in exchange for block rewards paid out by the blockchain protocol in its native token. Many crypto users stake from home, and many more stake through delegates like centralized exchanges or through decentralized protocols. Staking has become even more relevant to the crypto industry since Ethereum, by far the most widely used smart contracts platform, switched its consensus mechanism to…

August 16, 2022

Congress passed reporting requirements for digital assets that will take effect in 2024 for 2023 taxes. Until that time, centralized digital asset exchanges generally are not required to file for digital assets 1099s, although some already do. The IRS previously has issued John Doe summons to obtain information from Coinbase, Circle, and Kraken to compel the production of taxpayer information. (For a general discussion of the taxation of digital assets, see our article "Squaring the Circle:…

August 08, 2022

Tornado Cash is a decentralized technology protocol. All of its code is open-source and will exist as smart contracts on the Ethereum blockchain for as long as the Ethereum blockchain exists. Neither the United States, nor any other jurisdiction can halt the operation of those smart contracts or seize assets from them. Instead, the only legal effects of sanctioning Tornado Cash seem to be that (i) U.S.-based servers cannot point to it and (ii) it is illegal for U.S. persons to interact with…

June 07, 2022

This appears to be the first use of a service token by a U.S. court, and raises fascinating questions about the extent to which a web3 wallet can be used as a proxy for the person or persons who know its private key. Incidentally, it also hammers home one of the first things you learn when you get into crypto: never interact with a token or link you don’t recognize.

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