Peter H. Jost
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Peter Hafner Jost has developed a broad-based global practice in international and domestic transactional and project matters, with specific emphasis on advising clients on structuring ventures that require multijurisdictional knowledge and the combination of tax, corporate, commercial, real estate, project finance, and administrative skills.
Mr. Jost has advised numerous foreign and U.S. companies on the tax and business aspects of doing business in the United States and abroad. In this practice, he has structured foreign branch and subsidiary operations; negotiated international joint venture, license, franchise and partnership agreements, power purchase agreements, equipment and facility lease agreements, and distributorship agreements; and he has advised clients on technology transfers and the U.S. export control regime.
In the project development and finance area, he has counseled on the development and financing of a private toll road and electric generation facility in China, and has served as project counsel for the design, construction, financing, and operation of two electric generating facilities in South America.
Mr. Jost has assisted U.S. and foreign clients in their trade and investment activities in the former Soviet Union, including structuring the purchase and delivery of aircraft to the United States from Ukraine through Prague in the Czech Republic. He acted as Special International Counsel to the Ministry of Energy and Natural Resources of the Republic of Turkey, and advised the Turkish Ministry on the implementation agreements for the Baku-Tbilisi-Ceyhan crude oil pipeline (the pipeline designed to bring 1,000,000 barrels per day of crude oil from the Caspian region to the Mediterranean port of Ceyhan in southern Turkey via the Georgia Republic).
With extensive experience as a tax practitioner in Washington, D.C., Mr. Jost has obtained rulings from the Internal Revenue Service, including rulings on the exempt status of newly organized 501(c)(3) organizations. He currently serves as general counsel to The Student Conservation Association, Inc., a 501(c)(3) organization that is the leader in linking volunteers to service on public lands. In addition, Mr. Jost has participated in the drafting of regulations before both the Internal Revenue Service and U.S. Department of the Treasury, and obtained numerous private letter rulings, all for the purpose of saving tax dollars or eliminating tax exposure completely. In addition, he has assisted clients in obtaining specific tax legislation and, as part of this process, is familiar with the complex process of monitoring and analyzing legislation as it develops.
In more than 27 years of private practice, Mr. Jost has served as tax counsel in more than 300 syndications of real property located throughout the United States and in numerous project-financed energy projects, including pipeline and gas-fired electric generating facilities with partners in North and South America and Asia. In these projects, he has worked closely with clients and investors, not only to identify potential tax issues, but also to minimize project cost.
Mr. Jost served as special tax/real estate counsel to the Virginia Toll Road Corporation, the first non-governmental entity in the last 50 years chartered to build a privately-funded toll road in the Washington, D.C., metropolitan area. As chairman of the Alexandria Redevelopment and Housing Authority, he combined his technical tax, real estate, and project-finance skills to forge a public/private partnership for the redevelopment of a 30-acre piece of urban land. The National Association of Housing and Redevelopment officials awarded him the 1989 Agency Award of Excellence in Program Innovation for this project in which he structured the conveyance of public housing and attendant tax credits for cash, replacement housing, and tenant amenities.
Mr. Jost was counsel to the British Coal Board and advised it on the divestiture of its Washington, D.C.-based real estate portfolio from 1989 to 1993, which included the Watergate Complex. More recently, he advised Japanese investors on the divestiture of their commercial real estate located in Northwest Washington, D.C.
COMMUNITY SERVICE & AFFILIATIONS
Mr. Jost is past president and current general counsel of the Canadian-American Business Council (“CABC”), the leading organization dedicated to fostering U.S.-Canadian trade interests. He was a member of the Sharon Pratt Dixon Transition-Housing Subcommittee (1990-1991), and chairman (1986-1990) and commissioner (1984-1986) of the Alexandria Redevelopment and Housing Authority.
He serves as a trustee of the Foundation for the Preservation of Historic Georgetown, an organization that accepts conservation easements on property located in the historic area of Georgetown in Washington, D.C. He also is a board member of Friends of Volta Park, Inc., another Washington, D.C.-based 501(c)(3) organization that is chartered to restore and beautify Volta Park and other public facilities in Washington, D.C. He has served as a board member of University Legal Services, a Washington, D.C., nonprofit organization that offers housing-related legal services to needy residents, and has served as a member of the John Motley Morehead Foundation selection committee for Canadian applicants for the Morehead Scholarship at the University of North Carolina in Chapel Hill.
- 2015 Capital Pro Bono Honor Roll
- 2004, Washingtonian’s Top Lawyers
A description of the standard or methodology on which the accolades are based can be found here.