Education
  • Juris Doctor awarded by Baylor University School of Law, 1964, Member Baylor Law Review, Law Review Article: Potential Estate Tax benefits for community Property States, Vol XIV, No. 4 Baylor Law Review 462 (1962), Top 10% of class. Top Baylor score on Texas Bar Exam.

  • B.B.A. awarded by Baylor University School of Business, 1961, Top 10% of class, President Beta Alpha Psi (Honorary Accounting Society).

  • L.L.M. in taxation awarded by New York University School of Law, 1965. Top 10% of class.


Career Highlights

Practiced federal and cross border taxation (international and state and local) for 30 years (through 1997) at Exxon.

  • Numerous tax presentations and meetings with various foreign governments (including China) on local and U.S. tax issues of concern to U.S. oil companies.
  • Managed state income tax litigation (including various major Alaska tax cases).
  • Coordinated industry efforts to challenge states' positions on various tax issues in state and federal courts, including U.S. Supreme Court.

Prior to Exxon, practiced tax law with Fischer, Wood, Burney & Nesbitt in Corpus Christi, TX and with T. Jack Foster & Sons in Foster City, CA as tax counsel.

Background

Thirty years experience with Exxon Corporation in multi-state & local taxation; federal and international taxation (including foreign taxes applicable to companies operating abroad); sophisticated business tax planning; and tax litigation.

Professional Accreditations

Admitted to the State Bar of Texas, 1964. Certified Public Accountant, Texas, 1968. Member Houston Bar Association. Admitted to practice before the U.S. Supreme Court.

Mr. Foster focuses his practice on multi-state & local taxation, federal & international taxation, tax planning for individuals and entities including privately and publicly-held corporations, and tax controversies.