|
Nicola Fuentes Toubia focuses her practice on assisting a variety of nonprofit clients to maintain their tax exempt status and providing counsel regarding governance issues. Her clients include hospitals, foundations, housing entities, religious organizations, educational institutions, and community development organizations, trade associations, museums, governmental units, and theatres. Additionally, Ms. Toubia frequently represents private interests who enter into transactions with nonprofits, such as real estate developers, hedge fund managers, physicians and philanthropists. Ms. Toubia advises clients on how to structure executive compensation packages, negotiate transactions with interested persons, identify transactions that might generate unrelated business income tax, and form charitable organizations to meet specific goals. She also assists clients in applying for and receiving exemption from federal income tax, and has represented a large number of tax-exempt clients before the IRS on other matters. Ms. Toubia has authored numerous articles on tax-related issues and frequently speaks on topics including corporate governance of nonprofits, social entrepreneurs and the unrelated business income tax, executive compensation in nonprofits, financial trends in the health care industry, and recent tax developments affecting tax-exempt health care organizations. Prior to returning to Houston, Texas in 2006, Ms. Toubia practiced in Washington, D.C. She worked for a nonprofit health care provider located in the Washington, DC area prior to entering law school. | 