Michael Serk Email & Phone Number

Malmö, Skane County, Sweden

Malmö, Skane County, Sweden

Sundsvall, Sweden

Direct and indirect taxes, reporting and education.• Corporate Tax• Indirect Taxes• Tax Reporting• Income Statement• Tax Education

Kaltenkirchen (Hamburg), Germany

Tax advisory and control in international customer projects.• Withholding Tax Issues• Permanent Establishment Issues• Corporate Tax• Indirect Taxes• Tax Reporting

Malmo, Sweden

Responsible for the accounting department with five assistants.• Annual budgeting, with monthly forecasting and control.• Completion of the annual report.• Completion of the income tax return.

Perstorp, Skåne County, Sweden

Computed and completed VAT returns for group companies, filed annual reports and supported ongoing migration from Oracle to SAP.• Supported ongoing migration from Oracle to SAP - especially in VAT setup issues.• Successfully solved special VAT issues regarding reverse charge.• Performed several custom VAT training sessions for different departments.• Wrote a detailed VAT reporting manual for domestic and foreign VAT registrations.

Stockholm, Sweden

Initiated and suggested new VAT processes.• Extended VAT codes to cover advanced reverse charge and exempt VAT conditions.• Devised VAT determination automation outcomes for accounts payable.• Suggested methods and tools for increased reporting automation of sales and output VAT.• Developed and compiled VAT guidelines for accounts payable and accounts receivable.

Perstorp, Sweden

Computed and completed VAT returns for group companies, filed annual reports and supported ongoing migration from Oracle to SAP.• Supported ongoing migration from Oracle to SAP - especially in VAT setup issues.• Successfully solved special VAT issues regarding reverse charge.• Performed several custom VAT training sessions for different departments.• Wrote a detailed VAT reporting manual for domestic and foreign VAT registrations.

Stockholm, Sweden

Invented VAT processes in Oracle EBS R12 and its pre-systems for improvements and changes.

Lund

Operational Taxes. Advisory role in control and taxation of permanent establishments in international contracting projects. Advice in how to set up and implement transfer pricing and attribution of profits to permanent establishments for handling double taxation in cross-border projects. • Made an overall factual and functional analysis under the authorised OECD approach (AOA) which led to acceptance by the Norwegian tax authority for indirect taxation of permanent establishments.• Implemented (in May 2015) transfer pricing with an indirect method for FY 2014 using AOA which reduced taxable income in Norway significantly from 2014 and expected taxable future income.• Changed (in December 2015) transfer pricing for FY 2010, 2011 and 2013 in line with FY 2014.

Stockholm And Finspong, Sweden

Led country tax operation for all Swedish subsidiaries, overseeing a VAT specialist and tax accountant. Managed all facets of international corporate taxation function, minimising tax exposure and double taxation, avoiding permanent establishments and handling transfer pricing issues as well as foreign branch taxation. Prepared corporate taxes, performing calculations and accounting for deferments. Estimated rates, submitted returns and liaised with auditors. Advised on M&A, asset and real estate tax issues. Handled VAT function, including returns and foreign refunds. Provided guidance on personal taxation, fringe benefits and expatriate issues.• Successfully avoided all permanent establishments with a single strategic exception to accommodate a project in a remote location.• Orchestrated reconsideration of €450k by Swedish Tax Agency for tax relief for foreign tax paid for several years in a Nordic country.• Secured €80k in withholding tax by citing a treaty between Sweden and the Asian country withholding the percentage in violation of the agreement.

CAREER NOTE: Past job history also include:• Senior Financial Accountant at Samsung Electronics Nordic AB (2008-2010),• Interim Tax Controller at Loomis AB (2009),• Property Consultant at I/S EjendomsInvest in Copenhagen (2001-2008),• Interim Consultant roles at Manpower AB in tax, accounting and audit (2000-2001),• VAT Management Consultant at EuroVAT Sweden AB (1994-1999),• Accounting Manager at Alron Chemical Co AB (1991-1993),• Accounting Manager at DG Datagruppen AB (1989-1990) and • Business Administration Lecturer at Lund University (1987-1989).

Doctoral Studies, Business Administration

Focus on entrepreneurship, innovation and business renewal.

Bachelor’S Degree, Business Administration

Focus on financial planning and control and organization.