Manager - International Taxation & Transfer Pricing - Ship Management Firm

Roles & Responsibilities :

- Transfer Pricing: Managing transfer pricing is a critical aspect of global tax strategy. He can establish and oversee transfer pricing policies to ensure that intra-company transactions are conducted at arm's length, reducing the risk of disputes with tax authorities.

- Economic Substance Compliance: Ensuring that our global entities have economic substance and meet the requirements of substance-based tax regulations, such as the Base Erosion and Profit Shifting (BEPS) framework, is vital for compliance.

- Stakeholder Relations: Managing relationships with various stakeholders, including tax authorities, auditors, and legal advisors, is crucial. He can serve as the point person for these relationships.

- Global Tax Planning: Developing a comprehensive global tax strategy for making informed decisions about expanding into new markets, setting up subsidiaries, and structuring transactions to minimize tax exposure.

- Tax Efficiency: For the subsidiaries and operations in various countries, he can devise strategies to minimize the company's overall tax liability by taking advantage of tax incentives, credits, and deductions in different jurisdictions. This can lead to substantial cost savings.

- Tax Reporting: Coordinating and preparing accurate and timely tax reports for various countries is a complex task. He can ensure that the MNC meets its reporting obligations and avoids penalties.

- Compliance and Risk Mitigation: Ensuring compliance with the complex and ever-changing tax laws and regulations in multiple countries and minimize the risk of non-compliance and associated penalties.

- Cost Control: By optimizing the company's tax liabilities, he can contribute to overall cost control, thereby improving profitability.

- Adaptation to Regulatory Changes: Tax laws and regulations can change frequently, and these changes can have a significant impact on an MNC's operations. He can stay abreast of these changes and adapt the company's tax strategy accordingly.

- Currency and Repatriation Planning: Managing the repatriation of profits and handling foreign exchange risk. He can help plan how profits are repatriated and how currency fluctuations may impact the company's bottom line.

- Compliance with International Tax Treaties: We potentially can often benefit from tax treaties between countries. He can help ensure that the company maximizes the benefits of these treaties and avoids double taxation.

- Risk Assessment: Identifying potential tax risks and exposures is essential to avoid costly disputes with tax authorities. He can perform risk assessments and develop mitigation strategies