Tax Intern – State & Local Tax (SALT) Practice
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Job Description
About KPMG
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. They are one of the world’s top tax firms, known for their collaborative, future-forward culture that empowers employee success. They offer access to cutting-edge technologies and extensive network of specialists, allowing their team members to develop innovative tax solutions. KPMG is committed to investing in their people, future, and culture, fostering a diverse and respectful work environment.
Tax Intern – State & Local Tax (SALT) Practice
KPMG is seeking a Tax Intern to join their State & Local Tax (SALT) practice. As a member of a multidisciplinary team, you will gain hands-on experience in transaction-related tax due diligence and acquisition structuring services for both buyers and sellers. You will be involved in advising private equity and commercial clients on SALT matters related to mergers and acquisitions (M&A).
Key responsibilities include:
• Identifying and estimating historical and current SALT exposures related to income tax, indirect taxes (sales/use tax, gross receipts tax, franchise tax, employment tax), and unclaimed property.
• Identifying SALT opportunities related to acquisition or disposition structuring steps.
• Researching tax laws and formulating positions on the application of such laws to specific facts presented during transactions.
• Staying current on state and local tax legislative, judicial, and administrative developments.
• Identifying and delivering post-transaction integration opportunities and working to develop new client relationships with newly acquired business entities.
• Drafting due diligence reports and/or memorandums capturing areas of risk and addressing the application of law to facts.
• Reading and drafting comments on transaction-related documents (e.g., purchase agreements, acquisition structure deck, 100 Day Plan, etc.) based on information obtained during tax due diligence and other transaction-related services.
• Building capabilities in key technologies such as artificial intelligence (AI), Alteryx, Power BI, and more to enhance client service delivery.
• Acting with integrity, professionalism, and personal responsibility to uphold KPMG’s respectful and courteous work environment.
Qualifications:
• Enrolled in an accredited college or university pursuing a JD or equivalent program.
• Upon completion of the internship, candidates must have additional academic credits to complete before obtaining their degree and/or CPA eligibility requirements.
• Preferred GPA of 3.0 or above.
• Strong tax research skills.
• Demonstrated quality service mindset; strong technical aptitude, critical thinking skills, and ability to navigate MS Office applications including Excel, PowerPoint, Word, and Outlook.
• Excellent communication, organization, time management, and leadership skills.
• Flexible and adaptable team player; resourceful in delivering high-quality work.
• Ability to learn and navigate technologies such as artificial intelligence (AI), Alteryx, and Power BI.
• Must reside within a reasonably commutable distance to the office for this position and be able to travel to reasonably commutable work locations using own means of transportation (personal vehicle or public transportation).
• Ability to travel and/or work on-site at client premises as needed, at times with relatively short notice.
• Must be authorized to work in the U.S. without the need for employment-based visa sponsorship. KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship is available for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa).
