Photo of Michael W. DomanskiPhoto of Michael W. Domanski

Michael W. Domanski

Partner
Leader, Insurance Tax Practice Group

Education

New York University School of Law, LL.M.
  • Taxation
Michigan State University College of Law, J.D.
  • magna cum laude; Two American Jurisprudence Awards
  • Journal of International Law and Practice, Business Editor
University of Toronto, B.A.

Prior Employment

  • KPMG LLP, Midwest International Corporate Services Group
  • PricewaterhouseCoopers LLP, International Tax Practice, Boston, MA

Bar Admissions

Professional Affiliations

State Bar of Michigan

  • Tax Law Section
    • Former Council Member
    • International Committee, Former Chair
  • International Law Section
    • Former Council Member
    • Business and Tax Committee, Former Co-chair 

American Bar Association

  • Tax Section

International Fiscal Association

French-American Chamber of Commerce

Canadian-US Business Association

German-American Chamber of Commerce

Japanese Business Society of Detroit

Overview
Community
News & Resources
Honors

Overview

Mr. Domanski is a seasoned attorney with a practice dedicated to international tax matters and alternative risk financing arrangements. He possesses more than 15 years of experience representing individuals and companies involved in U.S. inbound and outbound transactions.

  • Advises tax-exempt and for-profit entities in the organization and maintenance of captive insurance companies, self-insurance programs, risk purchasing groups, rent-a-captives and risk retention groups
  • Counsels clients in the development of structures that are tax-efficient from a U.S. and foreign perspective in the context of cross-border joint ventures, mergers and acquisitions, financings, and reorganizations
  • Represents clients in connection with Internal Revenue Service examinations of international and captive insurance transactions
  • Provides recommendations regarding captive domiciles, ownership structure, insurance policy provisions, funding approaches and inter-company agreements from a legal and tax perspective
  • Assists U.S. and non-U.S. companies, non-resident alien individuals and U.S. expatriates navigate through tax treaty issues and manage tax exposures at home and abroad
  • Analyzes U.S. federal income and excise tax implications of international and captive insurance transactions, including matters related to Subpart F / related party insurance / anti-deferral rules, unrelated business income tax, withholding tax obligations, hybrid instruments, foreign tax credits, entity classification and deductibility, and taxation of premium payments to captive insurance companies
  • Provides advice regarding the preparation of federal tax and information returns impacted by international and captive insurance arrangements, including IRS Forms 8865, 8858, 8833, 8832, 5472, 5471, 1118, 1116, 926, 720, 1120-PC, 1120-F, W-8 / W-9 / FATCA and FinCEN Form 114 / FBAR
  • Assists clients in assessing their financial reporting obligations in accordance with accounting requirements, such as FIN 48, APB 23 and FAS 5

Community

Joint JD/LLB program between the University of Detroit Mercy School of Law and University of Windsor Faculty of Law

  • Former Advisory Board Member

News & Resources

Publications

Seminars & Events

Honors

  • The Best Lawyers in America, 2013-2017
  • DBusiness, Top Lawyers, 2014-2016

Academic Appointments

  • Canadian American Business Transactions, University of Detroit Mercy School of Law, Guest Lecturer