Jay R. Nanavati

Counsel

Washington, D.C.
T 202.861.1747  |  F 202.861.1783

Jay Nanavati maintains an international practice, focusing on white collar criminal defense and investigations, with an emphasis on tax matters. He represents individuals and entities facing some of the government's most complex investigations and prosecutions. His clients, regardless of where in the world they reside or do business, rely on his intimate knowledge of the U.S. justice system, his strong connections, and his sound judgment, to guide them through their most difficult challenges.

Jay spent more than a decade as both a federal and a state prosecutor, developing a particular expertise in criminal tax enforcement. He supervised more than 30 federal prosecutors and oversaw criminal tax enforcement for a region covering 22 states. He is a veteran trial lawyer, having conducted 35 solo jury trials and hundreds of bench trials. 

Select Experience

  • Represented multi-national financial institution facing federal grand jury investigation for allegedly assisting U.S. taxpayers in evading their U.S. tax obligations.
  • Represented U.S. expatriate residing in Europe in IRS audit relating to use of a Panama foundation, Seychelles international business company, and a Cyprus bank account.
  • Persuaded U.S. attorney to cease a grand jury investigation of a client whose name was one of the first that UBS turned over to the Department of Justice in 2009 pursuant to its landmark deferred prosecution agreement.
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Experience

  • Represented multi-national financial institution facing federal grand jury investigation for allegedly assisting U.S. taxpayers in evading their U.S. tax obligations.
  • Represented U.S. expatriate residing in Europe in IRS audit relating to use of a Panama foundation, Seychelles international business company, and a Cyprus bank account.
  • Persuaded U.S. attorney to cease a grand jury investigation of a client whose name was one of the first that UBS turned over to the Department of Justice in 2009 pursuant to its landmark deferred prosecution agreement.
  • Represented captive insurance management company against the IRS in U.S. Tax Court regarding legitimacy of insurer’s risk shifting and risk distribution.
  • Represented businessman facing federal grand jury investigation for the felonies of tax evasion and structuring cash transactions. The felony charges were abandoned and only a single charge of misdemeanor failure to file a tax return was brought.
  • Represented owner of tax return preparation business in civil injunction suit brought by the Department of Justice Tax Division in federal district court.
  • Represented owner of healthcare company who was indicted by Virginia state authorities with multiple felonies arising from alleged failure to pay over employment taxes. Negotiated replacement of felony charges with misdemeanor charges.
  • Represented real estate development firm against the IRS in U.S. Tax Court regarding tax deduction for contribution of historic façade and interior easements to 501(c)(3) organization.

Recognitions

  • Martindale-Hubbell: AV Preeminent
  • DOJ Tax Division
    • Outstanding Attorney Award (2009, 2010)
    • Special Commendation Award (2008)
    • Special Act or Service Award (2007)
  • American College of Tax Counsel: Fellow

Memberships

  • International Bar Association
  • American Bar Association Section of Taxation
    • Civil and Criminal Tax Penalties Committee
  • American Bar Association Criminal Justice Section
    • White Collar Crime Committee
  • American Bar Association Section of International Law
    • International Anti-Money Laundering Committee
  • International Fiscal Association
  • International Association of Prosecutors
  • National Association of Criminal Defense Lawyers
  • Association of Certified Anti-Money Laundering Specialists
  • Federal Bar Association: Taxation Section, Criminal Law Section
  • Virginia State Bar: Taxation Section, Criminal Law Section

Services

Prior Positions

  • Assistant Chief for the Department of Justice Tax Division’s Western Criminal Enforcement Section
  • Counsel to the Department of Justice Tax Division’s Deputy Assistant Attorney General for Criminal Matters
  • Assistant Commonwealth’s Attorney for Fairfax County, Virginia
  • Law Clerk for the Chief Judge Hector M. Laffitte of the United States District Court for the District of Puerto Rico

Admissions

  • U.S. Tax Court
  • U.S. District Court, Eastern District of Virginia
  • Virginia, 1999
  • District of Columbia, 2013

Education

  • J.D., University of Virginia School of Law, 1999, Order of the Coif, Virginia Law Review
  • B.A., Government and Foreign Affairs, University of Virginia, 1996, High Honors, Phi Beta Kappa, Echols Scholar

Blog

In The Blogs

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Global Tax Enforcement
Tax Day – Don’t forget your Offshore Disclosure Requirements
April 15, 2015
On Tax Day it is a helpful reminder that a variety of income tax reporting obligations are associated with offshore assets. Any ownership of an asset that gives rise to income when those assets are located outside of the United States may...
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Global Tax Enforcement
BSI Is First Bank to Reach Resolution in DOJ’s Program for Swiss Banks
March 31, 2015
BSI of Lugano, Switzerland, became the first bank to earn a non-prosecution agreement under the U.S. DOJ’s Program for Swiss Banks, paying a penalty of $211 million. First announced on August 29, 2013, the program offered Switzerland-based...
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Global Tax Enforcement
Ex-Credit Suisse Bankers Sentenced to Probation in Exchange for Cooperation
March 30, 2015
On March 27, 2015, a judge in the Eastern District of Virginia sentenced former Credit Suisse bankers Josef Doerig and Andreas Bachmann to five years of probation.  Their sentences were the result of their cooperation with the U.S...
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Global Tax Enforcement
Update: Spanish Arm of Banca Privada d'Andorra Succumbs After FinCEN Action
March 18, 2015
On March 16, 2015, the Spanish subsidiary of Banca Privada d’Andorra, Banco de Madrid, sought bankruptcy protection in the midst of a run on the bank by depositors. The run and bankruptcy were the result of FinCEN’s March 10, 2015...
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Global Tax Enforcement
FinCEN Blacklists Banca Privada d’Andorra
March 12, 2015
On March 10, 2015, FinCEN designated Banca Privada d’Andorra, based in the Principality of Andorra, as a foreign financial institution of primary money-laundering concern pursuant to Section 311 of the USA PATRIOT Act (Section 311). FinCEN...
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