Raymond “Ray” Burroughs is a tax and commercial transactions attorney who focuses on developing, solving, and implementing efficient strategies for nonprofit organizations, corporations, partnerships, limited liability companies, and high-net-worth individuals in all aspects of federal, state, and local taxation. His practice includes business formations and governance, reorganizations, mergers, acquisitions, and exit strategies. Ray also advises clients on systems and products in the areas of health and information technology solutions, data exchanges, privacy, cybersecurity, and the compliance issues related thereto.
Ray routinely represents high-net-worth individuals, corporations, and privately-held businesses on a variety of sensitive and complex estate and business planning matters including:
- Taxation (federal, state, and local)
- Mergers and acquisitions
- Corporate governance
- Estate planning and probate administration
- Probate and estate litigation
- Tax controversy
- Real estate planning
Ray holds a B.A. in History, a B.S. in International Business, and an M.S. in Accountancy, each from the College of Charleston. He earned a J.D. from The University of South Carolina School of Law and an LL.M. from New York University School of Law (Taxation). Ray is also a Certified Fraud Examiner.
Ray has served on the Charleston Tax Council (Secretary/Treasurer; President-Elect; President), the Charleston Tax Roundtable, as a Council Member of the Tax Section of the South Carolina Bar, and in service on nonprofit boards.
Some of his publications include: South Carolina Journal of International Law and Business, Unintended Consequences: Sarbanes-Oxley and its Progeny; South Carolina Young Lawyer, Volume 2, Issue 2, Unintended Consequences: New Short Seller Rules Undermine American Markets; South Carolina Tax Reports, §83 Revisited: Basic Considerations & an Example.
In addition to the private practice of law, Ray has held legal, accounting, and transactional positions in leading international investment funds, has engaged in business management and competitive contract awards for companies within the national security realm, and has assisted various specialized cyber risk management companies in strategic growth initiatives.