Hybrid XA26FT9035 at Deloitte US

Deloitte Tax LLP seeks a Tax Senior in Los Angeles, California.

Work You’ll 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 tax 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. Will commute within the Los Angeles, CA area to consult with clients regarding the above job duties.

Requirements

• Bachelor's (or higher) degree in Finance, Accounting, Law, Business Administration, or related field (willing to accept foreign education equivalent).
• Eighteen months as Tax Senior or related occupation gaining experience performing tax planning, reporting and compliance for cross-border investment partnerships.
• Position requires eighteen months of experience in the following:
  • preparing and reviewing tax returns for Partnerships, C-Corporations, and high net-worth individuals;
  • preparing federal tax compliance forms including Forms 1065, 8804, and 8805 disclosures and statements;
  • analyzing work papers to calculate IRC Section 861 deductions, interest expense allocation and effectively connected income (ECI) to estimate U.S. income tax liability of foreign corporations;
  • 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 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;
  • preparing US and international tax compliance forms and informational returns, including Forms 1120F, 5471, 5472, 8865, 8858, 8991, 8992, 8993, and FinCen 114, with analysis of earnings and profits, Subpart F, GILTI, FTC and similar calculations, disclosures, and statements for tax compliance and annual/quarterly provisions purposes; and
  • preparing and reviewing Schedule K-1s and assured compliance with federal tax laws filling forms 1065, 1120, 8990, and 1040 using GoSystem.

Less than 10% domestic travel outside of normal commuting distance.

Other
Hours: M-F, 40 hours/week;
Annual Salary: $94,500.00 - $175,500.00

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