My goal is to transfer to B4 M&A tax in two years. Would it be better to start off in international or corporate tax? Currently have an offer for both but would love to hear your thoughts.

JD + LLM background

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Go international. You use more of the core M&A knowledge there. (You need to know how E&P carries over in deals, how taxable versus tax free liquidations impact structuring, how partnerships interact). You won’t get exposure to much, or any, or that in two years in corporate.

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I’m just curious. Without a big4 experience, it is possible to switch from corporate tax to M&A or international tax?

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Do you mind to share your experience how to switch? Without any experience in M&A and international tax, what I have is only state snd federal income tax experience. I think they don’t even look at my resume. What I think is that I have to work at Big4 in order to get higher chance. But I really can’t handle big4 working hours since I was burned out twice at two CPA firms.

I think corporate - we have a lot of international deals but usually just pull in support for those so we don’t directly touch it as often! Also, being good at consolidating returns will get you a long way

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M&A

Corporate. But good luck. M&A starting to really slow down. Hard to get in when they will be trying to move people out

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No clue. I hope not. Prepare for the worst hope for the best. The past few years they were taking good performers who had interest. If things slow down, it is likely to be very selective again.

I don’t say it to deter, but only to share an opinion.

Where are you starting out? Accounting firm or law firm? Are you not interested in starting off in M&A tax?

Okay, and do you know if these positions will be focused on tax compliance? Honestly I’m inclined to recommend international, just because those practices seem to do a bit more consulting based work (at least at my firm) rather than primarily tax returns. Most of the deals I work on involve some degree of cross border planning so I think international tax is really useful knowledge to have for M&A. But I also agree with the poster who suggested getting experience with consolidated returns. I’d also say follow your gut - if one group seemed like they’d be better to work with, that might be a deciding factor as well.

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Why not start in M&A lol?

Got it. As a lawyer in ITS myself, ITS is a good starting point to get exposed to international M&A for corps, partnerships, SPACs, etc. It’s also the second-most lawyer-heavy core group outside of M&A in accounting. More steady than M&A tbh, especially right now with the market…

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F

Can you share why you decided to go with a top 10 firm now as opposed to big4?

F

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