Tax Senior

Overview

Deloitte Tax LLP seeks a Tax Senior in McLean, Virginia.

Work Youll Do

Align global effective tax rate reduction and efficient global cash utilization with overall business strategy. Help multinational clients integrate tax planning into their overall business strategy and comply with both U.S. and international regulatory requirements. Assist companies with international compliance, research, consulting and planning issues. Advise U.S. and foreign multinational companies on the tax implications of their international operations. Coordinate U.S. tax laws with foreign tax laws to develop an optimal worldwide tax strategy. Mentor and coach junior team members. Review international tax returns and analyze complex tax issues to ensure compliance with international tax laws and regulations. Will commute within the McLean, VA area to consult with clients concerning the above duties.

• Preparing international tax compliance forms and informational returns, including Forms 1120F, 5471, 5472, 8621, 8865 and 8858 disclosures and statements.
• Preparing federal tax compliance forms including Forms 1065 disclosures and statements.
• Analyzing work papers to calculate Section 861 deductions, interest expense allocation and effectively connected income (ECI) to estimate the U.S. income tax liability of foreign corporations.
• Advising clients on various international tax issues including subpart F, overall foreign loss, outbound transfer and inversions, and developing optimal tax structures for corporate restructuring, corporate reorganization, mergers and acquisitions.
• Writing tax memoranda to determine whether certain foreign entities activities constitute a permanent establishment in the United States and what portion of income may be subject to U.S. federal income tax.
• Performing tax due diligence to identify tax attributes and propose optimal capital distributions to maximize foreign tax credits and reduce effective tax rates.
• Performing passive foreign investment company (PFIC) analysis and testing to determine appropriate filing requirements and U.S. federal income tax consequences.
• Reviewing proposed merger and acquisition documents and client data to identify contributions to foreign corporations and comply with Form 926 requirements.
• Utilizing OneSource, Corptax, CCH, BNA, Lexis Nexis and RIA Checkpoint to research various U.S. federal income tax issues and analyze tax rules and regulations of foreign jurisdictions.
• Auditing client prepared work papers, including foreign tax credit and deferred tax asset utilization capacity analysis.

Less than 10% domestic travel outside normal commuting distance.

Other

Hours : M-F, 40 hours / week.

If offered employment, must have legal right to work in U.S. EOE, including disability / veterans.

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