Tax Intern, International Tax Services

Job Description

Tax Intern, International Tax Services

About BDO

Join us at BDO, where you will find more than a career; you’ll find a place where your work is impactful, and you are valued for your individuality. Our culture is centered around making meaningful connections, approaching interactions with curiosity, and being true to yourself, all while making a positive difference in the world. BDO is proud to be an ESOP company, reflecting a culture that puts people first by sharing financially in our growth in value with our U.S. team. We are committed to delivering exceptional experiences to middle market leaders by sharing insight-driven perspectives, helping companies take business as usual to better than usual.

Job Summary

The Tax Intern, International Tax Services will leverage their educational background and organizational skills to support experienced team members in consulting clients on complex cross-border tax matters. This role offers an exciting opportunity to become familiar with various aspects of international taxation, performing essential tax research, analysis, and assisting with critical tax reporting obligations.

Key Responsibilities

Tax Consulting

• Assist in developing, recommending, and implementing critical thinking to provide clients with tax advice on international tax issues.
• Gain exposure to the development of work plans for assigned clients.
• Learn about international tax law relevant to specific clients and how it can be appropriately applied to client facts.
• Monitor tax law and client factual developments on a daily basis.
• Coordinate with BDO non-US colleagues across approximately 160 countries to understand how US tax rules align with foreign tax law to impact client transactions.

Tax Specialization

• Begin to develop an understanding of the technical and practical issues and opportunities regarding International taxation.
• Explore specializing in one or more international tax areas.

Research

• Identify when research is necessary and frame the issue to be researched.
• Identify sources of reliable and relevant information, including information that may contradict preferred positions.
• Access and retrieve information from identified sources.
• Analyze facts and authorities, understand their weight, and report on the analysis.
• Assist in preparing Written Tax Advice (WTA) on international tax and cross-border transactions.

Tax Compliance

• Assist in obtaining required client information for the preparation of international tax compliance forms and US international informational reporting.
• Develop a basic understanding of tax compliance, including:
  • Ability to use Firm tax compliance software to maximize efficiency.
  • Understanding international tax compliance topics such as Subpart F income, Earnings and Profits adjustments, and foreign tax credits.
  • 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

• Utilize tax research databases such as RIA, BNA, and Lexis Nexis.
• Utilize Go Systems and other tax-related software with supervision.

ASC 740-10

• Begin to develop a basic understanding of ASC 740-10 as it applies to international tax issues.

Firm Policies

• Understand and apply Firm policies, standards, and the BDO Tax Quality Manual.

Other duties as required.

Qualifications

Education

• Bachelor’s degree, preferred.
• Enrolled in a Bachelor’s or Master’s program in Accounting, Taxation, Master of Laws (LLM) degree program, or other relevant field, required.

Experience

• Leadership experience, preferred.

License/Certifications

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

Software Proficiency

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

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.

Compensation

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

• California Range: $40.00/hr – $45.00/hr
• Colorado Range: $35.00/hr – $39.00/hr
• Illinois Range: $36.00/hr – $40.00/hr
• Maryland Range: $34.00/hr – $38.00/hr
• Massachusetts Range: $36.00/hr – $40.00/hr
• Minnesota Range: $32.00/hr – $36.00/hr
• New Jersey Range: $38.00/hr – $42.00/hr
• NYC/Long Island/Westchester Range: $36.00/hr – $40.00/hr
• Ohio Range: $33.00/hr – $37.00/hr
• Washington Range: $37.00/hr – $38.00/hr
• Washington DC Range: $34.00/hr – $38.00/hr

Why Join BDO?

At BDO, our purpose of helping people thrive every day is at the heart of everything we do. Together, we are focused on delivering exceptional and sustainable outcomes and value for our people, our clients, and our communities. As an ESOP company, BDO offers participants a stake in the firm’s success through beneficial ownership and a unique opportunity to enhance their financial well-being, with no employee contributions required. This stands as a compelling addition to our comprehensive compensation and Total Rewards benefits offerings.

We pride ourselves on:

• Welcoming diverse perspectives and understanding the experience of our professionals and clients.
• Empowering team members to explore their full potential.
• Our talented team who brings varying skills, knowledge, and experience to proactively help our clients navigate an expanding array of complex challenges and opportunities.
• Celebrating ingenuity and innovation to transform our business and help our clients transform theirs.
• Focus on resilience and sustainability to positively impact our people, clients, and communities.

Equal Opportunity Employer

BDO is an Equal Opportunity Employer, including disability/vets. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.