I’m currently a tax senior associate at M&A group with a big four thinking about switching to international tax group because international stuff sounds more interesting. What does international tax group do day-to-day at a big four (heard could be more compliance work)? Will you actually learn the rules on subpart F, GILTY, FDII etc.? And is the workload more constant compared to M&A?

like
Posting as :
works at
You are currently posting as works at

There’s a lot of factors to this, but you have to look at the objectives of M&A tax vs international tax. The former, you’re an adviser on certain transactions and you could have some reporting leakage for when the transaction is over. For the latter, you’re advising on all things international operations. This can include transactions and restructuring that you’d see in M&A, but depending on your group will also include yearly compliance (even if there is no new international transactions) and preparing/auditing the international tax piece of the tax provision.

I work 55/60 hours year round in international, but that’s because of my clients. I have peers that have a more traditional peaks and valleys. If you advise on all things mentioned above on an outbound and calendar year clients, you can expect provision work between middle of January until middle of February. Then compliance work can start anywhere from March to the summer, client dependent. Our compliance busy season is between summer (June-ish) until 9/15 or 10/15, dependent on if the client is corporate or individual (think private equity). During the whole year, you can have planning work, which is a catch all term for anything that isn’t mentioned above.I will say planning work is typically busiest around tax reform dates and just year end as they try to cram everything in before close.

Happy to discuss more if you’d like.

like

Related Posts

Any EY PPMD 🐠 willing to chat/connect? Interested in learning more about the cyber practice. I’m a new campus hire in the Hoboken office. Thanks in advance!

like

Insight Sourcing Group Consulting Analyst or Deloitte Business Tech Analyst (core not usdc) Goal is to do more strategy work. Overall thoughts.

likefunny

Deloitte Tech Strategy fish. I’m considering making the jump over to Deloitte. How do you like it? What types of gigs do you do?

like

What kind of sectors does Accenture S&C deals into How is customer service and sales strategy team within Accenture s&c

like

If you break into MBB through an implementation arm can you transfer practices (e.g. procurement implementation to Marketing & Sales)

like

EY 🐟 , could anyone share their experience with EY’s Big Data practice? What are typical engagements like / scale of engagements? Would love to chat with someone on the team if anyone’s willing!

like

What are some of the better L&E group in biglaw?

like

What does the Tax Reporting & Strategy Deals team at PwC do? Do they have busy seasons or all year round busy? What’s the pay like compared to other tax specialties such as general compliance or M&A? Thanks in advance.

like

How is EY’s SAP practice? Overall, so they focus more on new implementations (S/4) or auditing existing ones? How is the overall company focus on growing the SAP practice?

For anyone that works in PwC’s Cyber Risk & Regulatory - Enterprise Risk and Control Services practice, can you please provide detail about your day to day (workload, hrs, team, travel, etc) and experience so far? What opportunities does PwC offer outside of supporting financial audits within the practice. Thank you for the clarification in advance!

like

Is the SAP practice in India at PWC any good?

like

Has anyone here gone from EY FAAS to PwC CMAAS? How was the transition?

like

Thoughts on the strategy team? Any good stuff coming out of it?

Hi Fishes,

Can someone help me with some information about Deals strategy team at AC Bangalore. How’s the work, environment and pay?

Anything will help. Thanks

like

What is the best firm in NY for an associate interested in international tax planning (inbound and outbound), M&A, and transfer pricing?

likehelpful

Anyone work at Goldman Sachs as a CWM, PWM, Wealth Management Professional, Analyst/Sr. Analyst? How do you like the team? What is the salary range? Is this entry level?

likehelpful
like

Anyone has knowledge of EY structured finance group? WLB? Client base? Team culture? Exit opportunities?

Please share your insights. :)

How do NYC big law real estate groups hold up during recessions? Are they one of the harder hit corporate groups or is there more stability?

like
like

More Posts

I'm updating my resume for the first time in 3 years and I'm struggling with how long it should be. I can get everything on to one page, but if I want to elaborate about my experience, it's going to be 1.5-2 pages.

like

I am thinking of making the jump from SLP to healthcare administration. Looking for insight on pay, job opportunities and job satisfaction. Thank you!!!

like

Exit opportunities from SALT - partnership focus? Starting to get worried that the opportunities are too slim and debating leaving for a federal position (even if at a lower title) to gain experience. Anyone have experience with this? I feel like my only options right now are the same jobs just at different cpa firms.

like

Tired of the long audit hours and not ready for another busy season? Join Deloitte’s Accounting & Reporting Advisory group. The hours and pay are better and there’s no busy season. DM me if you want a referral or more details.

funnylike
like

How does Visa bonuses work? Does everyone with an average strong rating automatically get the target 8, 10, or 12%, etc. bonus? Do they get more or less for other reasons?
Who gets equity?

like

I want to start my own PI firm. What should I know? What should I do? What should I read? Thanks!

like

Hi, I'm on my NP and I have 15 ALs to encash. How much will i get on 1 AL while encashing? How is this calculated?

like

Has anyone lived in the Louis, 880P, Sonnet, or Âme apartment buildings? Moving from Arlington to DC and want to maintain the amenities I have now but can’t tour in-person. 2 bedroom, if that matters

like

Buyout lease or buy new? Leased a 2014 Camry for 2 yrs. Has 20k miles on it, would be $15k to buy 4.99%, dealer says worth $13k. 2017 Camry: lease-$162/mth w/2500 down or buy $320/mth w/4000 down, 0%

like

Is PLTR still a good stock to buy?

like

 I heard a commercial on the radio for Verizon that said something to the effect that parents are now learning how to lesson plan. Are any of you off the hook for lesson planning? Just wondering because I’m over here busting my butt!

funnylikehelpful
like

Anyone from Workday (company) to refer me to the Integration roles ? Please let me know if I can DM

like

What do folks think of DDOG?

like

Hello everyone. My joining date is 20/10/22 in natwest.But still i did’nt get any mail regarding my joining formalities.can anyone explain me that how many days it will take to complete my pes verification.

like
like

hcl folks, what could be the montly inhand salry for 22 lpa ctc

Post Photo
like

Blockchain - is anyone actually working on a real Blockchain project or is it just concept selling at this time?

like

Additional Posts in ITS - International Tax Services

Our firm is hiring for ITS director, ITS manager and ITS senior. If any one is interested happy to connect you with the recruiting team.

like

Who’s been through new GILTI HTE regs? I’m Already being asked questions about them 🤷🏻‍♂️.

like

Could someone give tips on where to find Luxembourg individual's income tax legislation? Thanks!

like

PWC has posted International Tax Manager employment opportunity in 18 city. Almost all major cities in USA in which it has offices. Any insight if these are real or just feeler to check out and build candidates pipeline.

like

Does anyone have insight as to what PwC’s international practice is like in Chicago? Good group?

like

What’s the Office culture like at PwC international tax team in Houston office? I’m in mid market CPA firm and trying to get into that office.

How long until you felt comfortable in ITS? Is it fair to say with all the changes it would take longer to get comfortable in ITS?

like

PwC has a number of job listings in workday and LinkedIn. Are these just feelers at this point?

like

Are the salaries paid to those with no advanced degree comparable to the salaries paid to those with advanced degrees (e.g., JDs) by manager level in ITS?

like

Hi all, had a situation I need some help with. PE fund owned interest in a bank that was a CFC that has 965 PTEP. Recently sold off part of it's interest and the bank is no longer considered a CFC. Under the new PFIC regs, I believe it qualifies as a PFIC. How would distributions be treated seeing as it would still qualify as a specified foreign corp?

like

Deloitte ITS in NYC seems to be hiring. What is work mix like (planning vs compliance)? Office culture?

like

Typical busy week for ITS in NYC in terms of hours?

like

Anyone can refer me to the senior tax consultant position - Deloitte?

like

New Vat and CIT law 4 Costa Rica

like

Has anyone on here (from PwC) made the transfer to ITS from PCS? Looking to hear about what the process was like, and what tips they may have for me. Thanks!

like

What are the exit opportunities in industry for big 4 ITS by level? (i.e. Senior, Manager, Sr. Manager, Director?)

like

I have International Tax compliance background and in transition. I am interested in leads. If you are aware of any please let me know and possibly refer me as well.

like

How are you guys expanding your teams exposure with TCJA. I’m trying to transition the ATI calc for 163(j) and there were definitely no volunteers. I’m thinking lunch and learns on the topics would be helpful. Any thoughts 🤷🏻‍♂️

like

What do you do in nyc ITS practice? What are the hours like?

like

Question to the group: what is the current pay for intl tax manager in Big 4 in high living cost areas ( e.g. bay area)? Currently in a national firm, the annual total compensation is about 150k with law background.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal