Wayne R. Kramer has over 30 years of experience in his practice areas of Tax, Real Estate, Estate Planning, Administration and Trusts, and Corporate and Transactional. He represents individuals as well as a wide variety of small businesses and large companies. Mr. Kramer has a sound understanding of the law and is problem solver. He searches for "common ground" between parties in conflict and finds the counseling aspect of law to be the most rewarding. He has provided guidance to individuals, small businesses, and large companies through difficult times as well as in periods of growth and prosperity.
Mr. Kramer assists his clients in a myriad of business and tax issues and provides them with much predictability and guidance as they navigate through the complexities of the ever-changing tax and other laws and as they work with state and local authorities who regulate and implement those laws. Mr. Kramer has extensive experience in taxation and has represented clients with regard to many issues and before various administrative bodies, including the Tennessee Department of Revenue and Tennessee State Board of Equalization.
Mr. Kramer has spoken and been involved in program presentations with the National Business Institute,Lorman Education Services, Knox County Estate Planning Council, and accounting groups such as the Institute of Management Accountants relative to Tennessee Sales and Use Tax, Ad Valorem real and tangible personal Property Tax, and Federal Estate and Tennessee Inheritance Tax matters.
Mr. Kramer recently successfully completed a transaction where the co-owner of a small, closely held business needed significant assistance in the sale of his business interest in that entity to the remaining owners. The relationships among the parties were longstanding, and the nuances of completing the transaction, both from a legal and human relationship standpoint, were significant.He also recently handled a complex business transaction where two co-owners of a business sold their interest to a major company. Again, not only were there legal "hoops" through which the parties needed to move, but the transaction also involved emotion and the difficulties which often arise in the sale of a business which often rise in the sale of a business which has been developed through years of hard work.He has also successfully represented clients in a number of tax cases, some of which are identified above.
Republic Plastics, LP (AAC, Knox County, Tax Years 2004-2006) —
Ad Valorem Property Tax case involving the assessment of certain tangible personal property utilized by a
manufacturer and the application of nonstandard valuation principles relative thereto.
Clean Harbors, Inc. (AJ Hamilton County, Tax Years 2004-2006) — Ad Valorem Property Tax case involving the assessment of personal property
and the appropriate valuation principles to be applied to such property.
Lockheed Martin Energy Systems, Inc. v. Johnson, 78 S.W.3d 918 (Tenn. Ct. App. 2002) — Tennessee Sales and Use Tax case involving the attempted assessment by the Tennessee
Department of Revenue of computer software fabricated by the management contractor's
employees for the contractor's own use.