Jon P. Schimmer

California

Representative Matters

Counsels real estate developers and investors with respect to acquisitions, exchanges and sales, and advises with respect to income and property tax minimization and deferral.
Represents clients with related business and tax negotiation of operating agreements, structured finance and related and unrelated party joint ventures.
Assists foreign nationals with pre-immigration and US business planning, with an emphasis on minimizing US income and transfer taxes.
Advises families and individuals on estate planning and wealth transfer techniques designed to minimize gift and estate taxes by utilizing both basic and sophisticated trust structures and family limited partnerships and limited liability companies.
Represents charitable nonprofits in connection with formation, obtaining and maintaining exempt status and engaging in business transactions including for-profit joint ventures, low-income housing projects and charter school operations.
Counsels businesses and individuals on sales and use tax nexus, and planning to avoid property tax reassessments.
Advises businesses in connection with structuring and maintaining incentive plans, including stock option and bonus plans, to maximize founder and employee tax and economic benefits.
Counsels closely held business owners on business succession planning techniques and buy-sell agreements using life insurance and other features.
Represents clients facing tax controversies in the areas of federal and state income tax, sales and use tax and property tax.
Represented corporate skateboard and apparel manufacturer to structure and consummate a tax-efficient sale of the seller’s trademark to a buyer and former licensee for buyer’s exclusive use of the trademark in the Philippines.

Thought Leadership

Speaker. “International Tax Update,” CalCPA International Tax Discussion Group, San Diego, CA, January 23, 2020.
Speaker. “International Tax Update,” Considine & Considine Continuing Education Seminar, San Diego, CA, January 16, 2020.
Speaker. “Cross Border M&A in a TCJA World,” 15th Annual USD-Procopio International Tax Institute, San Diego, CA, October 18, 2019.
Speaker. “Attracting and Retaining Quality Employees with Equity Incentive Arrangements,” SDSI Accelerator Mentor Forum, Solana Beach, CA, May 7, 2019.
Speaker. “International Tax Update After the Tax Cuts & Jobs Act,” CalCPA Society 21st Annual Tax & Accounting Institute, San Diego, CA, December 7, 2018.
Co-author. “Mandatory Deemed Repatriation: Do You Owe Taxes for 2017?” March 26, 2018.
Speaker. “International Provisions of US Tax Reform: Planning Opportunities,” Got International! CPA Study Group, San Diego, CA, January 23, 2018.
Speaker. “New IRS LB&I Compliance Campaigns: OVDP Declines-Withdrawals; Repatriation; Form 1120-F Nonfilers; and Inbound Distributors,” 13th Annual USD-Procopio International Tax Institute, San Diego, CA, October 27, 2017.
Speaker. “U.S. Tax Reform and Potential Effects on Cross-Border Transactions,” 23rd Annual U.S.-Mexico Bar Association Annual Conference, San Diego, CA, September 29, 2017.
Speaker. “Running a Social Enterprise: Legal Structure and Tax Considerations,” Mission Edge San Diego Accelerator + Impact Lab (SAIL) Speaker Series, San Diego, CA, September 25, 2017.
Speaker. “Taking Your Tax Practice International,” CalCPA Society 20th Annual Tax & Accounting Institute, San Diego, CA, November 18, 2016.
Moderator. “Voluntary Disclosure Programs: Recent Developments & How Long Will They Last?” USD Procopio International Tax Institute, October 21, 2016.
Moderator. “Taxation Dilemmas of International Retirement Plans,” USD Procopio International Tax Institute, October 20, 2016.
Speaker. “Foreign Asset Reporting & Current Voluntary Disclosure Programs,” CalCPA Society 19th Annual Tax & Accounting Institute, San Diego, CA, November 20, 2015.
Moderator. “U.S. Treaty vs. Revised Model Treaty,” 11th Annual USD-Procopio International Tax Institute, San Diego, CA, October 23, 2015.
Co-Presenter. “Current Practical Problems for Taxpayers in OVDP and Streamlined,” 11th Annual USD-Procopio International Tax Institute, San Diego, CA, October 23, 2015.
Speaker. “Taking Your Tax Practice International,” California Society of CPAs, La Jolla, CA, September 3, 2015.
Co-Presenter. “OVDP and FATCA Update: The Nuts and Bolts of Streamlined Filing and Proving Non-Willfulness,” University of San Diego, School of Law, June 25, 2015.
Speaker. “Recent Developments in IRS Offshore Disclosure Programs,” CalCPA Society 18th Annual Tax & Accounting Institute,” San Diego, CA, November 21, 2014.
Moderator “OVDP – Opt Out with New IRS 2014 Rules,” USD Procopio International Tax Institute, October 30, 2014.
Speaker. “International Tax Update,” California Society of CPAs Downtown Discussion Group, San Diego, CA, August 7, 2014.
Speaker. “FATCA Withholding, Reporting and Policies for Outbound Payments,” Hutchinson & Bloodgood University, San Diego, CA, July 11, 2014.
Speaker. “International Tax Reporting Update and Compliance Options,” California Society of CPAs International Tax Discussion Group, Carlsbad, CA, July 30, 2014.
Speaker. “OVDP and FATCA Update: The Ever Changing Issues of International Tax Compliance” University of San Diego, School of Law, June 26, 2014.
Speaker. “Business and Tax Planning for Real Estate Holdings,” California Society of CPAs, San Diego, CA, June 18, 2014.
Speaker. “Taking Your Tax Practice International,” Hightower San Diego CPA Education Association, San Diego, CA, January 2014.
Panelist. “Starting the Race Against the tax Authority in the International Tax World” – Statute of Limitations & Lack of Filings,” USD, School of Law – Procopio International Tax Institute, San Diego, CA, October 24-25, 2013.
Moderator. “A Critical Look at the IRS Offshore Voluntary Disclosure Program – 5 Years Out,” USD, School of Law – Procopio International Tax Institute, San Diego, CA, October 24-25, 2013.
Speaker. “A Critical Look at the IRS Offshore Voluntary Disclosure Programs – 5 Years Out,” USD School of Law-Procopio International Tax Institute, San Diego, CA, October 2013.
Speaker. “Starting the Race Against the Tax Authority in the International Tax World – Statutes of Limitation & Lack of Filings,” USD School of Law-Procopio International Tax Institute, San Diego, CA, October 2013.
Contributing author. “Mexico’s Proposed Tax Reform: International and Cross border Highlights,” October 2013.
Speaker. “Navigating Offshore Tax and Compliance Issues,” California Society of CPAs, Downtown Discussion Group, San Diego, CA, July 2013.
Speaker. “Important International Tax Issues for Cross-Border Business and Foreign Investors,” State Bar of California, International Law Section, San Diego, CA, May 31, 2013.

Community

San Diego County Bar Association, Audit Committee Member
American Bar Association
American Institute of CPAs, Foreign Trust Task Force, International Technical Resource Panel
California Society of CPAs, San Diego
Christ Lutheran Church, Audit Committee
IRS Low-Income Taxpayer Assistance Program, Volunteer
IRS Western States Taxpayer Liaison Group
La Jolla Conservancy, Former Pro Bono Legal Counsel
March of Dimes Foundation, Charity Golf Tournament Committee
Philanthro, Pro Bono Legal Counsel, Board
San Diego County Bar Association, Taxation Section Past Chair, Tax Seminar for Fire Victims Co-Organizer
Senior Community Center, Food Service Volunteer
Society of Trust and Estate Practitioners, San Diego
SpecialVillage.com, Pro Bono Legal Counsel
Tax Court Pro Se Taxpayer Assistance Program, Volunteer
The State Bar of California, Taxation Section: International Tax Committee Past Chair, Exempt Organizations Committee, Young Tax Lawyers Division Past Chair

News Coverage

“Simulations Plus Acquires Lixoft, Expanding Modeling Software Offerings and Broadening Presence in Europe,” Business Wire, April 2, 2020.
Fracassa, Dominic. “Procopio represents Italian drugmaker in sale to Salix,” Daily Journal, July 11, 2014.
Baxter, Brian. “Cadwalader Takes Corporate Inversions to Another Level,” The American Lawyer, July 9, 2014.

Jon P. Schimmer

Partner

Services & Specializations

Admissions

Address

Office Tel.

Fax

Overview

A Record 81 Procopio Attorneys Named to 2025 Best Lawyers and Ones to Watch Lists

Procopio’s 6 Locations Represented Among Our 80 Best Lawyers and Ones to Watch for 2024

80 Procopio Attorneys in 48 Practice Areas Across 5 Regions Recognized by Best Lawyers in America

Mandatory Deemed Repatriation: Do You Owe Taxes for 2017 Re: International Operations?

Services & Specializations

Admissions

Address

Office Tel.

Fax

Overview

Representative Matters

Recognitions

Education

Thought Leadership

Community

News Coverage

A Record 81 Procopio Attorneys Named to 2025 Best Lawyers and Ones to Watch Lists

Procopio’s 6 Locations Represented Among Our 80 Best Lawyers and Ones to Watch for 2024

80 Procopio Attorneys in 48 Practice Areas Across 5 Regions Recognized by Best Lawyers in America

Mandatory Deemed Repatriation: Do You Owe Taxes for 2017 Re: International Operations?