Tax Director

Role Purpose

The Director — US Tax will be the group's senior in-country tax authority for all US federal, state, and local tax matters. The role owner will lead US corporate income tax compliance and planning for the group's US subsidiaries, manage relationships with US external advisers (CPA firms and legal counsel), and act as the primary tax resource for the group's US public listing preparation.

A key and distinctive requirement of this role is hands‑on experience with US federal, state, and municipal tax incentive programmes for data centre and technology infrastructure investments — including incentive identification, application, negotiation, and ongoing compliance management.

The Director — US Tax will report to the Senior Director — Direct Tax (Dubai) and work closely with the Group Head of Tax & Corporate Structuring, the SM/AD — AI Service Line and AD Data Centre service line, and external US legal and accounting advisers.

• Own end‑to‑end US federal corporate income tax compliance for the group's US subsidiaries
• Manage US state and local income tax filings across all relevant jurisdictions, including nexus analysis and apportionment
• Lead US tax planning and structuring to optimise the group's effective US tax rate
• Monitor and advise on the impact of US tax legislative changes on the group's US operations
• Manage estimated tax payments, extensions, and tax accounting under ASC 740
• Oversee preparation of US tax provisions and deferred tax balances in coordination with the India SSC CIT Compliance Manager

• Advise on GILTI, BEAT, FDAP withholding tax, and Subpart F implications arising from the group's multi‑jurisdictional structure
• Manage US withholding tax obligations on payments to non‑US entities, including analysis of treaty positions
• Support the SM — AI Service Line on IRC §861 foreign‑source income analysis for management fees paid to the UAE management company
• Advise on FIRPTA considerations for any real estate‑related US disposals
• Support transfer pricing compliance for US intercompany transactions in coordination with the TP Senior Managers in Dubai
• Monitor US CFC rules and PFIC implications relevant to the group's Cayman listing vehicle

This is a critical and differentiating requirement. The Director — US Tax must bring direct, hands‑on experience with the identification, application, and management of US incentive programmes applicable to data centre and AI infrastructure investments.

• Lead the identification and evaluation of applicable federal, state, and municipal tax incentive programmes for DAMAC's US data centre and AI infrastructure assets, including:
• State corporate income tax credits and exemptions for data centre investment
• Sales and use tax exemptions on data centre equipment, power, and cooling infrastructure (currently available in Texas, Virginia, Georgia, Arizona, and other key data centre states)
• Property tax abatements and exemptions negotiated with local municipalities
• Federal Investment Tax Credit (ITC) and Production Tax Credit (PTC) for qualifying renewable energy integration
• Opportunity Zone tax benefits for qualifying data centre investments
• Section 179D energy‑efficient commercial building deduction for qualifying data centre facilities
• Bonus depreciation and accelerated capital cost recovery under IRC §168
• Research & Experimentation (R&E) credits under IRC §41 for qualifying AI and software development workloads
• Manage the full incentive lifecycle: initial eligibility assessment, application preparation and submission, negotiation with state/local economic development authorities, and ongoing compliance reporting
• Maintain a forward‑looking incentive pipeline — monitoring new state‑level data centre incentive legislation and federal AI infrastructure investment programmes
• Liaise with state economic development agencies (e.g. the Governor's Office of Economic Development in target states) and local utility providers on incentive packages
• Ensure incentive compliance conditions are embedded in project planning, capex tracking, and employment commitment monitoring
• Coordinate with the AD — Data Centre CT (Dubai) and the…