Michael Gilliland Email & Phone Number

Dallas, Tx, Us

• Led an internal tax team of 4 people and a team of outside tax advisors to ensure effective management of all US and international tax planning, research and compliance for a consolidated group consisting of several private equity owned partnerships and a separate consolidated corporate group.• Developed a model to track and mitigate tax exposures and filed a private letter ruling in relation to certain sales tax exposures resulting in tax savings of over $2 million. • Led foreign cash repatriation efforts resulting in cash payments to the US of $20 million with a tax cost of less than $300,000.• Identified and implemented VAT tax opportunity resulting in annual tax savings of more than $600,000.• Managed international cash requirements and created weekly and daily cash forecast models to manage cash balances through difficult cash flow periods.

Fort Worth, Texas, Us

• Led a tax team of 12 people responsible for all US and International tax planning, research and compliance for a consolidated group consisting of over 100 legal entities• Identified and implemented tax opportunity related to the restructuring of the Company’s troubled Mexico subsidiary that resulted in a $90 million worthless stock deduction, including filing for and receiving a private letter ruling related to the transaction.• Led tax efforts associated with the spin-off of the Company’s online lending business, including identifying and resolving tax-related issues associated with carve out financial statements, implementing pre spin-off restructuring, and filing for a private letter ruling related to the retention of stock of the spun-off subsidiary.• Led cross-functional team tasked with reducing the number of legal entities by 70%• Implemented tax accounting method changes resulting in tax deductions of $60 million.• Identified tax opportunity related to the Company’s Change in Control agreements resulting in tax savings of $4 million to the Company and $2 million to Company executives.

Fort Worth, Texas, Us

• Identified and eliminated $5 million tax exposure related to a foreign subsidiary.• Resolved multi-year federal and state tax audits resulting in tax savings of $10 million.• Supported company’s debt restructuring efforts by identifying opportunity to utilize a foreign subsidiary to buy back debt and avoiding withholding taxes of $1.5 million annually.• Identified and avoided potential limitation of company’s accumulated NOL’s related to company’s debt restructuring efforts allowing company to carry back such losses for tax refunds of $56 million.

Southlake, Texas, Us

• Managed US international tax planning, research and compliance for approximately 200 foreign entities.• Implemented global restructuring to take advantage of APB23 and avoid Section 956 saving company approximately $15 million annually in both book and cash taxes.• Integrated US international compliance and FAS109 processes associated with $1 billion acquisition of a group of over 100 foreign check-the-box entities.• Led Tax Operations group consisting of 10 people focused on the global tax provision, federal, state and international income tax compliance, and sales tax compliance. • Oversaw design and implementation of Sarbanes Oxley controls.• Implemented new FAS 109 processes reducing cycle time from four weeks to one week.

Round Rock, Texas, Us

New York, Ny, Us