Specialty Tax Services Intern, International Tax Services

3 weeks ago


Mclean, United States BDO Full time

Job Summary:

The Tax Intern, International Tax Services will utilize their educational background and organizational skills while taking direction from more experienced team members to become familiar with assisting in consulting with clients on cross-border tax matters. Responsibilities will include performing tax research and analysis of various international tax issues to assist in providing international tax advice and working with software applications to assist clients with tax reporting obligations for international operations.

Job Duties:

* Tax Consulting
* Assists with developing, recommending, and implementing critical thinking to provide clients with tax advice on international tax issues
* Gains exposure to the development of work plans for all assigned clients
* Learns about international tax law relevant to particular clients and how that law can be appropriately applied to client facts
* Monitors tax law and client factual developments on a daily basis
* Coordinates with BDO non-US colleagues in approximately 160 countries on how US tax rules align with foreign tax law to impact client transactions


* Tax Specialization
* Begins to develop an understanding of the technical and practical issues and opportunities regarding International taxation and explores specializing in one or more international tax areas


* Research
* Identifies when research is necessary and frames issue to be researched; identifies sources of all reliable and relevant information including information tending to contradict preferred positions; accesses those sources and retrieves that information; analyzes facts and authorities; understands their weight; and reports on analysis
* Assists in preparing Written Tax Advice (WTA) on international tax and cross-border transactions


* Tax Compliance
* Assists in obtaining required client information to utilize in the preparation of international tax compliance forms and US international informational reporting
* Begins to develop a basic level of understanding of tax compliance as evidenced by:
* Ability to use Firm tax compliance software to maximize efficiency in tax preparation process
* Understanding international tax compliance topics such as Subpart F income, Earnings and Profits adjustments and foreign tax credits and analyzing cross-border transactions for tax return impacts, including Section 351 and Section 304 transactions, liquidations under Sections 331 and 332, and reorganizations under Section 368


* Tax Technology
* Utilizes tax research databases such as RIA, BNA, Lexis Nexis
* Utilizes Go Systems, and other tax-related software with some supervision
* ASC 740-10 Begins to develop a basic understanding of ASC 740-10 as it applies to international tax issues.
* Understands and applies Firm policies, standards, and the BDO Tax Quality Manual


* Other duties as required

Supervisory Responsibilities:

* N/A

Qualifications, Knowledge, Skills and Abilities:

Education:

* Bachelor's degree, preferred
* Enrolled in a Bachelors or Master's program in Accounting, Taxation or Master of Laws (LLM ) degree program other relevant field, required

Experience:

* Leadership experience, preferred

License/Certifications:

* J.D. or pursuing credits towards a CPA, preferred

Software:

* Proficient in the use of Microsoft Office Suite, specifically Word, Excel and PowerPoint, preferred
* Experience utilizing RIA, BNA, Lexis Nexis and/or Westlaw, preferred

Language:

* N/A

Other Knowledge, Skills & Abilities:

* Strong written and verbal communication skills
* Ability to follow instructions as directed
* Ability to work effectively in a team setting
* Positive attitude and willingness to learn
* Seeks advice of appropriate superiors regarding issues related to compliance

Individual salaries that are offered to a candidate are determined after consideration of numerous factors including but not limited to the candidate's qualifications, experience, skills, and geography.

California Range: $28.00/hr - $37.00/hr

NYC/Long Island/Westchester Range: $32.00/hr - $36.00/hr

Washington Range: $28.00/hr - $37.00/hr



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