Tax Incentive Finance (TIF)
Our team’s in-depth experience and relationships makes utilizing the tax incentives a simple and reliable process in every jurisdiction. We want to ensure that the tax syndication and lending procedures are a streamlined process so our clients can focus on their goal of increasing profitability. We value our clients’ business and strive to create on-going relationships by providing flexibility and efficiencies in areas where financial institutions are unable to do so.
Scot has over 29 years of experience in State and Local Tax, Business Incentives Advisory and Tax Credit Syndication.
Scot is a co-founder and principal of Tax Incentive Finance, LLC, located in Providence, Rhode Island and Boston, Massachusetts and Tax Incentives Consultants, LLC located in Providence, Rhode Island, Boston, Massachusetts and Charlotte, North Carolina. Scot consults with companies nationally securing federal, state and local economic development incentives and syndicates tax incentives nationally focusing on structuring complex transactions for tax-advantaged projects in the real estate industry, film industry and renewable energy sectors as well as syndicating all related state tax incentives.
Scot works closely with companies that are expanding and relocating to negotiate and secure business and tax incentives and works with developers/producers early in the development process to help maximize tax credit benefits, identify potential tax credit issues and provide early syndication services to secure early sources of capital.
Through his career, Scot has secured in excess of $700 MM in Federal, State and Local incentive for his clients and has syndicated over $200MM in state and federal tax credits. Scot worked closely with the Massachusetts Legislature developing the Massachusetts Life Science Tax Incentive Program and Housing Development Incentive and works closely with State government and the development community on the benefits of tax programs, potential revisions to the program and revision impacts.
Prior to founding Tax Incentives Consultants and Tax Incentive Finance, Scot worked for more than 14 years at leading international public accounting and financial consulting firms where he built tax credit, business incentives and site selection practices while serving as a tax partner and managing director and was recognized as one of the nation’s leading business incentives, tax credit financing and public finance professionals. Before beginning his career in tax credit syndication, business incentives advisory and site selection consulting, Scot managed the Massachusetts State Revolving Loan Fund, financing more than $1 billion in infrastructure projects.
One Channel Center - Boston, Massachusetts
