Vice President Taxes
CurrentCreated five person tax department for this $2 billion manufacturing company. Responsible for worldwide tax planning, compliance and accounting. • Created and implemented corporate holding company structure in order to reduce foreign taxes on the repatriation of dividends to Japan.• Implemented transfer pricing policies and documentation procedures for the company’s international operating entities. • Implemented tax efficient domestic corporate tax structure in order to reduce state and local income taxes.• Recognized significant annual tax benefits through the amortization of costs of acquiring a foreign corporation using “check the box” election.• Recognized significant foreign tax credits through the structure of inter-company tax sharing agreements for a foreign consolidated group.• Implemented cross border Mexican tax strategies in order to reduce both U.S. and Mexican income taxes of a Mexican Maquiladora structure.• Provided tax advice and due diligence tax support for several corporate stock and asset acquisitions.• Successfully negotiated the settlement of state tax controversies through administrative law and appeals processes.• Minimized federal and state income tax liabilities through the utilization of LIFO inventory accounting method.