Thomas D. Vander Molen
PEOPLE

Thomas D. Vander Molen

Partner
vander.molen.tom@dorsey.com

Overview

TOM ADVISES CLIENTS ON A VARIETY OF TAX MATTERS.

Tom is a partner in Dorsey’s Tax and Public Finance groups, and he is also a member of Dorsey’s Public-Private Partnerships industry group. He provides tax advice with respect to state and local debt financing, including secondary market transactions and securitizations; advises governmental and tax-exempt organizations on tax and corporate matters; handles IRS tax audits and controversies; and works on a variety of other tax matters.

Tom also serves as Senior Vice President of the Dorsey & Whitney Trust Company LLC, and he served as Dorsey’s General Counsel from 1993 to 2001. Prior to joining Dorsey, he was Law Clerk to the Hon. Bailey Aldrich, United States Court of Appeals for the First Circuit. 

Education & Admissions

Harvard Law School (J.D., 1975), magna cum laude
Editorial Board, Harvard Law Review, 1973-1975

Calvin College (B.A., Mathematics and Economics, 1972)

Admissions

  • Minnesota

Experience

Representative Transactions

  • Tom Vander Molen advises issuers, underwriters, trustees, lenders, and conduit borrowers in municipal bond transactions; represents public corporations, publicly supported charities, private foundations, and other nonprofit organizations; represents taxpayers in obtaining rulings, determination letters, and closing agreements from the Internal Revenue Service and the Minnesota Department of Revenue; represents taxpayers in administrative controversies and litigation;  represents nonprofit corporations before state attorneys general; provides tax advice in a variety of structured financings; advises regulated investment companies on tax matters; and advises charities and individuals on charitable giving.
  • Represented Deluxe Corporation in Deluxe Corp. v U.S., 885 F2d 848 (Fed Cir.1989).

News & Resources

Articles

The Advantage of Crossover Refunding of Build America Bonds
Treasury Requests Comments on Tribal Economic Development Bonds
IRS Announces Allocation Procedures for Tribal Economic Development Bonds
Economic Stimulus Alert: Tribal and Other Public Comment Sought on Stimulus Allocation
Economic Stimulus Alert: New Tax-Favored Financing Opportunities for Tribal Governments
Non-Profit and Tax Exempt Newsletter
Proposed Changes to SLGS Program

News & Press Mentions

54 Dorsey Lawyers in Minneapolis Selected for Inclusion in The Best Lawyers in America 2019 and 2019 Lawyers of the Year
Dorsey Partner Tom Vander Molen Remarks on Lower Tax Rate for Audits
Dorsey Partner Tom Vander Molen Remarks on Arbitrage Investment Restriction
Dorsey Partner Tom Vander Molen Remarks on Advance Refunding Proposals
Dorsey Partner Tom Vander Molen Comments on Written IRS Guidance on Advance Refundings
Dorsey Partner Tom Vander Molen Discusses Advance Refund Taxable Bonds
Dorsey Partner Tom Vander Molen Discusses Issue Price Rules
51 Dorsey Lawyers in Minneapolis Selected for Inclusion in The Best Lawyers in America 2018 and 2018 Lawyers of the Year
Dorsey Partner Tom Vander Molen Discusses NABL comments on Proposed Political Subdivision Rules
Dorsey Partner Tom Vander Molen Comments on Florida Jail Bonds Converted to Taxable
Dorsey Partner Tom Vander Molen Comments on Political Subdivision Tax Rules
Dorsey Partner Tom Vander Molen Remarks on Using More Tax-Exempt Bonds for Infrastructure
Dorsey Partner Tom Vander Molen Remarks on SLGS Suspension
Dorsey Partner Tom Vander Molen Remarks on IRS Guidance for Refinancing Student Loans
Dorsey Partner Tom Vander Molen Comments on Issue Price Rules
Dorsey Partner Tom Vander Molen Comments on IRS Rules for Infrastructure
Dorsey Partner Tom Vander Molen Comments on Unspent IRS Proceeds, Refunding Will Not Cause Loss of BABs' Subsidy
Dorsey Partner Tom Vander Molen Comments on Updated IRS Management Contract Safe Harbors
48 Dorsey Lawyers in Minneapolis and Fargo Selected for Inclusion in The Best Lawyers in America 2017 and 2017 Lawyers of the Year
Dorsey Partner Tom Vander Molen Remarks Final Arbitrage Rules
Dorsey Partner Tom Vander Molen Discusses IIR for Muni Industry
Dorsey Partner Tom Vander Molen Discusses VCAP Model Closing Agreements
Dorsey Partner Tom Vander Molen Remarks on IRS Rules that Will Help Facilitate P3s
Dorsey Partner Tom Vander Molen Remarks on Tax-Exempt Student-Loan Bonds in Bond Buyer
Dorsey Partner Tom Vander Molen Remarks on Favorable TAM on Advance Refunding Bonds in Bond Buyer

Events & Speaking Engagements

Bond Attorneys’ Workshop: October 4-5, 2017, Panel Chair, Bank Qualified Bonds and Sewage and Solid Waste Disposal Facility Bonds – Tax Considerations; chair of previous Bond Attorneys’ Workshop panels on bank qualified bonds and sewage and solid waste disposal facility bonds, 2015-2016, and tax enforcement (IRS bond examinations), 2007-2009; panelist for multiple topics most years for more than a decade
Tax and Securities Law Institute: Panel Chair, Management and Service Contracts (Tax); panelist for multiple topics most years for more than a decade
"What You Need to Know About the Final Issue Price Regulations," National Association of Bond Lawyers
Bond Attorneys' Workshop
“Muni Tax Law Update,” Government Finance Officers Association, Debt Management for Frequent Issuers Conference
Reissuance Panel, Tax and Securities Law Institute
“Post-Issuance Compliance” at Ehlers’ Minnesota Public Finance Seminar
20/20 Vision for Charitable Organizations - A Look through the Regulators' Lenses

Professional & Civic

Professional Achievements

  • Chair, Tax Law Committee, National Association of Bond Lawyers
  • Member, Nominating Committee, National Association of Bond Lawyers, 2017
  • Member, Steering Committee, Bond Attorneys' Workshop, 2007-2009, 2015-2017
  • Member, Nonprofits Committee, Minnesota State Bar Association
  • Exempt Organizations Coordinator, Central Mountain Area TE/GE Council, 2003-2005
  • Regular panelist and moderator for Tax & Securities Law Institutes and Bond Attorneys’ Workshops
  • Provides pro bono legal services to a variety of charitable organizations

Accolades

  • Named "Minneapolis Lawyer of the Year" in Non-Profit/Charities Law by Best Lawyers©, 2018
  • Named "Minneapolis Lawyer of the Year" in Public Finance Law by Best Lawyers©, 2012 and 2016
  • Listed in Best Lawyers in America© for Public Finance Law and Non-Profit/Charities Law, 2008-2019

North Star Lawyer logo

  • MSBA North Star Lawyer, 2012-2017
  • Fellow, American College of Bond Counsel
Thomas D. Vander Molen