Senior Analyst, Taxation (International Tax
JOB DESCRIPTION
About the Company:
company Distribution is on a journey to change the retail landscape, delivering tangible actions to facilitate progress in providing sustainable mobility solutions for our customers. We are taking bold and transformative steps to grow our domestic and international footprint for our customers. We are customer-centric, offering digitally enabled journeys and providing innovative products and services to drive accelerated and sustainable development for the future of mobility.
company Distribution markets, sells, and distributes transportation fuel to both retail and commercial customers. We also run non-fuel services at our service stations.
About the Job:Provide specialist subject matter services to ensure transfer pricing & international tax compliance, optimize tax strategies and support international tax planning. Collaborate with cross-functional teams and external advisors to ensure company Distribution and its subsidiaries are in compliance with transfer pricing & international tax regulations.
Job Specific Accountabilities International Tax & Transfer Pricing Advisory- Work with advisors to assess tax implications of foreign expansion plans including but not limited to tax structuring, permanent establishment risk assessments and withholding tax.
- Work with advisors on tax due diligence and relevant tax aspects of post-merger integration pertaining to foreign merger and acquisition (M&A) activities.
- Support to address the relevant Organization for Economic Co-operation and Development (OECD) Base Erosion Profit Shifting (BEPS) requirements, including but not limited to Country-by-Country reporting (CbCR) and BEPS Pillar Two.
- Handle operational day-to-day activities with International Tax and transfer pricing impact; provide tax advice and support to the various business units to ensure full compliance with the relevant Tax laws.
- Responsible for the development and implementation of the relevant International Tax policies and procedures.
- Monitor and stay up to date with international tax laws, treaties, and regulations in relevant tax jurisdictions where ADD operates in.
- Responsible for the International tax compliance process, including liaising with local tax teams to ensure all required international tax returns, including corporate income tax, withholding tax, value-added tax (VAT), and other country-specific taxes returns, payments and supporting documentation are complete and accurate, up to date, on file, and where required, submitted on time in collaboration with the local tax accountants.
- Ensure compliance with various country-specific tax reporting requirements, including Transfer Pricing Documentation (Transfer Pricing Disclosure form, Master File and Local File) and Country-by-Country Reporting (CbCR).
- Manage process to apply for preferential WHT rates and refunds as per the applicable tax treaty.
- Track and monitor foreign taxes paid and mitigate impact of double taxation as applicable.
- Develop and implement transfer pricing policies that align with arm's length principles and meet the requirements of various tax jurisdictions.
- Prepare and maintain UAE transfer pricing return & documentation (Disclosure form, Master File and Local File) to support intercompany pricing and comply with local transfer pricing regulations.
- Monitor intercompany transactions to ensure consistency with transfer pricing policies.
- Handle transfer pricing policy reviews with relevant business functions and external advisors to ensure timely updates to the transfer pricing policy and intercompany agreements as necessary depending on business developments.
- Support the operational transfer pricing review of intercompany recharge cross-border recharges.
- Support Advance Pricing Agreement application with support of external advisor where applicable.
- Support Transfer Price Benchmarking as and when required.
- Collaborate with cross-functional teams to develop international tax strategies that align with the company’s global business objectives and minimize tax liabilities.
- Analyze…
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