William P. Bowers

Bill Bowers is of counsel at Norton Rose Fulbright in San Antonio. Previously, he served for two years as senior counsel in the Office of Tax Policy of the U.S. Treasury Department. In the Office of Tax Policy, he was responsible for the development of administrative guidance and legislative initiatives for pass-through entities. He played an important role in formulating the Administration's response to proposed legislation regarding the taxation of carried interests and the treatment of publicly traded hedge funds and private equity funds as corporations. Also, in his position with the Treasury, he worked closely with the IRS to develop administrative guidance on a number of matters including non-compensatory options, compensatory options, debt-for-equity exchanges, varying interests rules and the application of mixing bowl rules to partnership mergers.

As a member of tax practice group, he focuses on federal income tax planning for complex business transactions involving corporations, partnerships and real estate investment trusts. Additionally, Bill co-authored a Treatise on Texas LLCs, which is supplemented annually, with Patrick O'Daniel and George Coleman. He is an active speaker and author on federal tax issues, partnerships and LLCs.