Tax Counsel - Information Reporting
About The Position
The Tax Counsel - Information Reporting is an experienced in-house tax attorney responsible for ensuring compliance with policies and rules for information reporting and withholding tax, including FATCA, CRS, CARF, and 1099, across global products, processes, and procedures. The role works with cross-functional partners to evaluate new and updated products, determine how existing information reporting policies apply, identify the need for new policies, assess legal risks, and recommend defensible positions. The position independently advises on complex tax issues affecting business operations, transactions, and strategic initiatives; develops and documents technical tax analyses supporting planning, reporting, audit defense, and regulatory compliance; and partners with business units and Finance leadership to structure initiatives in a tax-efficient and compliant manner. It also identifies tax exposures and mitigation strategies, coordinates external advisors, and may mentor junior legal professionals. Specific responsibilities include managing global information reporting compliance and electronic filings, corrections, and B-notices; assessing the information reporting impact of products; advising product teams on policy requirements; drafting business requirement documents and relevant contract and user terms; and supporting systems development and remediation for regulatory compliance, process improvement, and risk mitigation.
Requirements
- At least 5 years of relevant tax experience.
- Juris Doctor (JD) degree or foreign equivalent.
- Admission to practice law in at least one jurisdiction.
- Demonstrated ability to independently manage significant tax matters.
Responsibilities
- Independently advise on complex tax issues affecting business operations, transactions, and strategic initiatives.
- Develop and document technical tax analyses supporting planning strategies, reporting positions, audit defense, and regulatory compliance.
- Partner with business units and Finance leadership to structure initiatives in a tax-efficient and compliant manner.
- Identify tax risk exposures and recommend mitigation strategies consistent with PayPal’s overall risk tolerance.
- Coordinate with outside advisors where appropriate and manage discrete external engagements.
- May mentor junior attorneys or legal professionals and contribute to knowledge development within the tax function.
- Ensure compliance with global information reporting requirements, including IRS, FATCA, CRS, and CARF, as well as electronic filings, corrections, and B-notices.
- Review and evaluate new or updated global products for information reporting impacts and advise product development partners of resulting policy requirements.
- Draft business requirement documents, such as one-pagers, to assist product development in drafting functional specification documents.
- Draft and review contract language, user agreements, terms, and conditions specific to information reporting and withholding.
- Maintain effective partnerships with impacted business areas and related processes affecting compliance for new global products, such as cryptocurrency reporting.
- Support system development and remediation initiatives to ensure regulatory compliance, process improvements, and risk mitigation.
Benefits
- Annual performance bonus, equity, or other incentive compensation, as applicable.
- Generous paid time off.
- Healthcare coverage for employees and their families.
- Resources to support financial security and mental health.
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
Ph.D. or professional degree
