Graeme F. Philp
Graeme focuses his practice on tax, economic development and estate planning matters. He enjoys working closely with clients to assist them in achieving their investment and other goals. Graeme represents clients in a wide range of industries, but has significant recent experience representing clients in the real estate development, resort and hospitality, commercial office, manufacturing, energy, pharmaceutical, and technology industries with their tax, economic development and corporate needs.
Graeme works with new and expanding businesses looking to invest in South Carolina to identify and negotiate economic incentive packages, including Fee-in-Lieu of Tax Agreements (“FILOT”), Payment-in-Lieu of Tax Agreements (“PILOT”), state and local grants, job tax credits, sales and use tax exemptions as well as other available economic development grants and incentives. His background in state and local taxation gives Graeme special insight into the need of clients to integrate their economic incentive packages with their overall state and local tax planning strategies.
Graeme works with developers and real estate investors in connection with all aspects of their tax related planning, including tax-incentivized financing methods such as historic tax credits, low-income housing tax credits, abandoned building and textiles revitalization tax credits and other state specific state tax credits
A significant portion of Graeme’s practice involves assisting clients with their property tax, income tax, sales and use tax and business license reporting obligations and in developing strategies to minimize the financial impact of those obligations. He also represents clients with corporate governance and transactional needs, such as purchases and sales of businesses.
Graeme also enjoys representing clients with respect to their estate planning needs, including drafting wills, trusts, limited liability company operating agreements and other related documents to implement their planning goals while minimizing potential income, gift and estate tax liabilities. He has significant experience representing estates with their estate tax reporting obligations, as well as both larger and smaller estates with the South Carolina probate process.
Graeme received an LL.M. in Taxation from New York University School of Law in 1998, a J.D. from the University of South Carolina School of Law in 1997, where he was a recipient of the Arthur B. Custy Tax Award (most outstanding tax student), and received both his Master in Accounting and B.S. in Business Administration from the University of North Carolina at Chapel Hill in 1992.
Graeme is admitted to practice law in both South Carolina and New York. He is also a North Carolina Certified Public Accountant.
Before joining Graybill, Lansche & Vinzani, LLC, Graeme was an equity partner and led the South Carolina tax practice of the largest law firm located in the Carolinas and prior to that practiced in New York City with a firm that consistently ranked in the American Lawyer’s “A-List” of 20 leading U.S. law firms.
South Carolina Bar
New York Bar
University of North Carolina at Chapel Hill, B.S.
University of South Carolina School of Law, J.D., magna cum laude
- Notes and Comments Editor, Wake Forest Law Review
New York University School of Law, LL.M.