Steven Sklar Email & Phone Number

Teaneck, New Jersey, United States

In charge of all direct and indirect taxes - domestic and international. - at this animal health and mineral nutrition company

Las Vegas, Nevada, United States

Directs the firm’s tax practice

New York, New York, United States

Tax return preparation and problem resolution during 2023 busy season

Hoboken, Nj

In charge of all direct and indirect taxes - domestic and international.Some accomplishments:• Reduced effective tax rate to 10% in fiscal 2018• Efficiently repatriated cash, completed reorganization transactions eliminating E&P, accelerated US tax deductions and completed other actions maximizing US tax benefits and eliminating Tax Reform Transition Tax. $100 million net tax benefit, eliminating $75M tax and creating $25M future tax benefit• Reorganized and internally leveraged European entities for increased efficiency including tax savings of >$5M/year• Repatriated > $1B cash ($600M in one year) with no tax liability

Plainview, Ny

In charge of all direct and indirect taxes - domestic and international.Developed and implemented IP-based tax strategy, in first 4 months at Veeco, generating $4 million annual savings in 2015 and future years.Established efficient holding company structure that meets the new challenges presented by BEPS and similar developments.

Elmwood Park, Nj

In charge of direct and indirect taxes - domestic and international.Developed and implemented tax strategies to minimize ETR and cash taxes and key participant supporting and structuring mergers & acquisitions and various finance initiatives • Reduced and maintained ETR of approximately 25%• Established structure to repatriate billions of dollars with negligible cash taxes• Structured dispositions in excess of $.6 billion with negligible cash taxes• Created European principal structure with annual savings of > $8 million• Designed and implemented various efficient intellectual property strategies

New York, Ny

In charge of all taxes - Corporate-domestic and international, C Corps and S Corps; Chapter 11 Reorganization; Real estate; Securities transactions; Individual taxes; Estate planning; Tax litigation• Reduced ISP’s effective corporate tax rate to less than 10%• Implemented successful contract manufacturing project eliminating > $100MM subpart F Swiss income• Established Bermuda royalty structure with favorable Swiss ruling• Designed and implemented strategies in Belgium, Brazil, Canada, Germany, India, Japan, Netherlands, Singapore, Spain, Switzerland and the United Kingdom resulting in multi-million dollar annual tax savings• Designed and implemented tax-free split-off needed for estate planning and to make S elections• Implemented state and local tax plans resulting in multi-million dollar annual tax savings• Prepared and amended corporate tax returns, resulting in multi-million dollar refunds• Handled income and other tax audits – corporate, individual and gift & estate

New York, Ny

See also work at ISPIn charge of all tax - Corporate - C Corps and S Corps; Chapter 11 Reorganization; Real estate; Securities transactions; Individual taxes; Estate planning; Tax litigation• Created unique tax planning strategy to convert more than $100MM short-term capital gains to tax favored income for individuals and trusts• Estate planning – designed strategies that shifted $1 billion of value from 1st and 2nd generations to GST trusts• Implemented state and local tax plans resulting in multi-million dollar annual tax savings• Prepared and amended corporate tax returns, resulting in multi-million dollar refunds• Handled income and other tax audits – corporate, individual and gift & estate• Created unique partnership structure to solve estate tax issues for $800MM artwork portfolio

New York, Ny

See also work at ISP and GAFCreated unique individual strategy converting > $100 million short-term capital gains to tax favored incomeDesigned estate planning strategies shifting > $1 billion of value from 1st and 2nd generations to GST trusts

Purchase, Ny

In charge of tax and special projects• Restructured merger and demutualization transaction to successfully obtain tax-free rulings in the United Kingdom and France (as well as the US) and provided tax advice to shareholders in more than 30 countries• Led finance team in consummating complex merger-demutualization transaction, including SEC negotiations• Structured IPO transaction, including “M” shares solution• Led Finance team in due diligence, acuqisition and integration of Europay (MasterCard's European operations)• Designed and implemented tax strategies to reduce effective tax rate from 41% to 26% • Designed and implemented strategies in Belgium, Brazil, Canada, Germany, India, Singapore and the United Kingdom resulting in multi-million dollar annual tax savings• Restructured European operations and led merger/demutualization transaction, obtaining tax-free rulings in the UK and France (as well as the US) and provided tax opinions and advice to bank shareholders in > 30 countries • Implemented state and local tax plans resulting in multi-million dollar annual tax savings • Prepared and amended corporate tax returns, resulting in multi-million dollar refunds• Handled income and other tax audits• Led effort to implement FX hedges that qualify for FAS 133 hedge accounting

New York, Ny

Senior member of finance organization for this NYSE global, diversified printing companyKey participant in the acquisition of more than a dozen domestic and international companiesStructured domestic and foreign corporations for an annual tax savings exceeding $6 million (4 percentage points)• Designed and implemented strategies in Canada, France, Germany, Japan, Netherlands, Singapore, Spain and the United Kingdom resulting in multi-million dollar annual tax savings• Implemented state and local tax plans resulting in multi-million dollar annual tax savings • Prepared and amended corporate tax returns, resulting in multi-million dollar refunds• Handled corporate income and other tax audits• Designed and implemented stock option plans and other innovative equity plans• Negotiated and implemented “synthetic lease” facilities• Implemented activity based cost systems in France, Germany, Ireland and Spain to improve customer billing

New York, Ny

Taught various tax courses, primarily Taxation of Compensation

New York, Ny

As a member of the tax faculty, I taught tax courses including taxation of compensation, corporate taxes, and courses dealing with time value of money.I was also the Editor-in-Chief of the Tax Law Review.After leaving NYU's full-time facutly to return to Botein, Hays, I continued at NYU as an adjunct professor of law until 2000, teaching a course on taxation of compensation.

Fair Lawn, Nj

Key member of the management team in the successful merger and integration of Biocraft and Teva, working closely with top management in Israel and the United StatesKey participant in presentations, negotiations and diligence culminating in a tax-free pooling of interests merger

Fair Lawn, Nj

NYSE pharmaceutical manufacturer that merged with Teva in 1996Responsible for treasury and banking, accounting and information systems, taxes, employee benefits, strategic planning, and mergers and acquisitions; also advised founding family on personal taxes and estate planning• Handled all SEC financial matters• Negotiated and structured mergers and strategic alliances• Prepared corporate returns, resulting in multi-million dollar refunds• Handled income and other tax audits• Obtained bank waivers, favorable “interpretations” and amendments and structured transactions to comply with covenants• Structured a patent litigation settlement to obtain an immediate tax deduction for payments spread over 8 years• Adjusted cost calculations in a "cost-plus" contract, tripling our company’s revenue• Innovated a unique restricted stock plan, as well as other creative programs• Pioneered innovative approach to licensing products before patent expiration

New York, Nj

Tax Partner in charge of employee benefits at this medium sized law firm whose corporate department later merged with Proskauer.• Designed and implemented stock option plans, phantom stock plans and other innovative equity plans for executives, other employees and outside directors• Handled income and other tax audits – corporate, individual and gift & estate• Key participant in negotiating, structuring and acquiring companies in USA, Canada, Europe and Asia• Provided advice and counsel on the initial and secondary offerings of many companies• Structured and negotiated various international joint ventures and shareholder agreements• Advised and counseled on tax, ERISA and other areas in many domestic and international transactions• Advised and counseled on ESOPs, all types of qualified plans and other forms of compensation• Structured various vanilla and “exotic” financings

Philadelphia, Pennsylvania

Taught introductory accounting course

Jd, Law

Activities and Societies: Harlan Fiske Stone Scholar - 1979-81

Masters, Accounting

Activities and Societies: Taught managerial accounting as a sub-matriculated graduate student in Wharton Grad. Beta Alpha Psi

Ll.M., Taxation

Activities and Societies: Editor in Chief - Tax Law Review

B.S., Economics

Activities and Societies: Dean's list each year; Beta Alpha Psi

Education record

Master'S Degree, Accounting And Finance

Activities and Societies: Beta Alpha Psi