Opinions and views on transitioning from core tax services into International Tax?

I would love to hear all about the pros and cons of those that did make the jump or are thinking about it.

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I did absolutely love it. Feel like I’m doing more analysis and consulting type of work. The cons might be the exit option, not a lot of companies have international tax department, even if they do, the size would be much smaller than federal tax group.

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May I ask what’s your background? Does the group hire more JDs than CPAs? Any recommendations on what learnings/skills that can help you succeed in the group?

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Question is: what is your longterm plan? Going corporate anytime soon? I think international tax will almost everytime be linked with international transactions. Transactions/deals tend to be more work under time pressure. Core tax will be more compliance related I think.

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I always say to make the switch the earliest you can. International tax is a very complex area so the sooner you can get into the work the better. In terms of exit opportunities. There are definitely fewer options, but if you're in a market with lots of tech, there won't be a problem. One tip is to make sure you keep on top of your tax accounting skills as they are invaluable in industry.

For those saying a lot of it is m&a, that's certainly a factor but consider that most big companies looking into m&a will have a big4 do their diligence and implementation, so you'll end up doing more project management rather than the actual technical work in industry.

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