Counsel, Tax Planning

WHEN YOU JOIN VERIZON

You want more out of a career. A place to share your ideas freely — even if

they’re daring or different. Where the true you can learn, grow, and thrive. At

Verizon, we power and empower how people live, work and play by connecting them

to what brings them joy. We do what we love — driving innovation, creativity,

and impact in the world. Our V Team is a community of people who anticipate,

lead, and believe that listening is where learning begins. In crisis and in

celebration, we come together — lifting our communities and building trust in

how we show up, everywhere & always. Want in? Join the #VTeamLife.

WHAT YOU’LL BE DOING

• Verizon is seeking an experienced Tax Counsel to join our Tax Planning team. The
• candidate should have broad knowledge of tax law impacting the
• telecommunications industry, including federal, state, and international income
• taxation and non-income (sales, use, gross receipts, property, utility, etc.)
• taxes. The ideal candidate will have significant experience in mergers,
• acquisitions, joint ventures, business combinations and divestitures and tax
• controversy matters, as well as experience with capital markets and corporate
• treasury transactions. The candidate needs to be able to work in a collaborative
• environment, and to identify and resolve complex tax issues. This position will
• partner extensively with other teams within the Tax Organization as well as
• other stakeholder groups within Verizon Finance, Verizon Legal, and the Verizon
• business units. This position requires a strong business acumen as well as a
• practical and solutions-oriented mentality, with a desire to help the business
• achieve its objectives while mitigating tax risks for the company.

Responsibilities will include

• Providing support for special projects which may include acquisitions,

dispositions, financings, and captive insurance.

• Identifying, designing, and implementing tax planning opportunities and/or

tax risk mitigation strategies consistent with the tax risk profile of the

company.

• Partnering with Verizon’s tax accounting and compliance teams as needed.

• Partnering with the business units to provide tax support for new products

and business initiatives while identifying potential tax issues and

developing practical solutions that achieve both the desired business outcome

and mitigation of tax risks.

• Partnering with tax audit teams to respond to information requests and

develop technical arguments in support of Verizon’s positions if challenged

by a tax authority.

• Assessing the impact of new US Federal income tax legislation, Treasury

Regulations, and IRS guidance, and working with the Income Tax Operations

team to determine the cash and ETR impacts.

• Determining the US Federal income tax impacts of restructuring Verizon legal

entities; reviewing and commenting on transaction documents to effectuate

these transactions.

• Supporting Verizon’s head of transfer pricing as needed, and the state and

local tax team as needed.

WHAT WE’RE LOOKING FOR...

You’ll need to have

• J.D. or LL.M. degree and six or more years of experience in a top law firm,

public accounting firm, and/or the tax department of a multinational

company.

• Active license in good standing from a state bar in at least one state (if

not New Jersey, then eligibility for New Jersey In-House Counsel Limited

Licensure).

• Experience with tax research and analysis skills and a willingness to learn

different areas of tax law, which may include state, local, and international

income taxes as well as non-income taxes.

• Knowledge of ASC 740 (FIN 48) and ASC 450 (FAS 5) to assess potential tax

exposures, establish appropriate reserves, and draft memorandum supporting

Verizon’s tax positions.

Even better if you have one or more of the following

• LL.M. in Taxation or Masters in Taxation.

• Experience with international tax concepts (US and non-US), state and local

tax concepts, and intercompany transfer pricing.

• Excellent interpersonal skills and ability to build and maintain

relationships within a large dynamic organization.

• Outstanding written and oral communication skills adaptive to, and effective

for, different audiences.

• A strong work ethic, intellectual curiosity and a mindset that embraces

working through

• complex issues.

• Ability to execute items independently, not just high-level oversight of

personnel and/or outside advisors.

• Proven ability to prioritize multiple responsibilities and work in a

fast-paced environment, including the ability to identify issues, develop

creative/practical solutions,and implement them.

• Ability to collaborate among multiple disciplines within the Verizon Tax

Organization while also independently exercising sound judgment.

If Verizon and this role sound like a fit for you, we encourage you to apply

even if you don’t meet every “even better” qualification listed above

WHERE YOU’LL BE WORKING

In this hybrid role, you'll have a defined work location that includes working

from home and a minimum of three days per week in the office, which will be set

by your manager. Employees are responsible for maintaining compliance with

hybrid work policies.

SCHEDULED WEEKLY HOURS

40

EQUAL EMPLOYMENT OPPORTUNITY

Verizon is an equal opportunity employer. We evaluate qualified applicants

without regard to veteran status, disability or other legally protected

characteristics.

BENEFITS AND COMPENSATION

Our benefits are designed to help you move forward in your career, and in areas

of your life outside of Verizon. From health and wellness benefit options

including: medical, dental, vision, short and long term disability, basic life

insurance, supplemental life insurance, AD&D insurance, identity theft

protection, pet insurance and group home & auto insurance. We also offer a

matched 401(k) savings plan, up to 8 company paid holidays per year and up to 6

personal days per year, paid parental leave, adoption assistance and tuition

assistance, plus other incentives, we’ve got you covered with our award-winning

total rewards package. Depending on the role, employees have the opportunity to

receive compensation in the form of premium pay such as overtime, shift

differential, holiday pay, allowances, etc. Newly hired employees receive up to

15 days of vacation per year, which grows with additional service. For

part-timers, your coverage will vary as you may be eligible for some of these

benefits depending on your individual circumstances.

The salary will vary depending on your location and confirmed job-related skills

and experience. This is an incentive based position with the potential to earn

more. For part-time roles, your compensation will be adjusted to reflect your

hours.

The annual salary range for the location(s) listed on this job requisition based

on a full-time schedule is: $161,000.00 - $280,000.00.