Taxation Role - Estate & Succession Planning

Tax - Estate & Succession Planning

Location: Mumbai

Role & Responsibilities:

- Tax Advisory and Planning for Individuals and Families

- Provide expert tax advice and planning strategies for clients involved in estate planning and fiduciary arrangements.

- Collaborate with attorneys, financial planners, and other professionals to develop integrated tax and wealth transfer plans for clients.

- Advise clients on tax-efficient wealth transfer strategies, including charitable giving, generation-skipping transfers, and asset protection.

- Corporate Tax Advisory

- Provide guidance on company tax matters, including tax planning and compliance for businesses.

- Collaborate with corporate clients, attorneys, and financial advisors to develop tax- efficient strategies for business operations and transactions.

- Analyses corporate financial data and structures to optimize tax outcomes and ensure compliance with applicable corporate tax laws and regulations.

- Stay updated on changes in corporate tax legislation and communicate implications to clients and colleagues, assisting in the implementation of necessary adjustments.

- Tax Compliance

- Prepare and review complex individual, trust, estate, and gift tax returns, ensuring accuracy and compliance with relevant tax laws and regulations.

- Stay current with changes in tax legislation and regulations that impact estate planning and fiduciary services and communicate implications to clients and colleagues.

- Research and Analysis

- Conduct thorough research on tax issues related to estates, trusts, and other fiduciary entities, and propose effective solutions.

- Analyze client financial situations and provide recommendations for optimizing tax outcomes within legal parameters.

- Client Relationship Management

- Build and maintain strong relationships with clients, addressing their tax concerns and objectives with professionalism and discretion.

- Assist in resolving tax controversies and audits related to estate and trust tax matters.

- Team Collaboration

- Work closely with internal teams including legal advisors, investment managers, and administrative staff to ensure seamless service delivery to clients.

- Support the development of training materials and presentations on tax-related topics for internal stakeholders and clients.

Key Skills:

- Tax Law Expertise: Comprehensive understanding of federal and state tax laws relevant to estates, trusts, gifts, and inheritance.

- Estate Planning: Proficiency in estate planning principles and strategies, including wealth transfer techniques, charitable giving, and generation-skipping transfers.

- Fiduciary Taxation: Knowledge of tax implications and compliance requirements for trusts, estates, and other fiduciary entities.

- Tax Compliance: Ability to prepare and review complex tax returns for individuals, trusts, estates, and gifts, ensuring accuracy and compliance with regulations.

- Financial Analysis: Skill in analyzing financial data to assess tax implications and provide strategic recommendations.

- Degree in Taxation, Accounting, Finance or related fields; additional qualifications such as Company Secretary or Law certification preferred

- Minimum 3-5 Years of relevant work experience