Tax Counsel - Information Reporting
About the company
PayPal has been revolutionizing commerce globally for more than 25 years, creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure. The company operates a global, two-sided network connecting hundreds of millions of merchants and consumers across approximately 200 markets, providing proprietary payment solutions, flexible funding sources, and end-to-end payment services for merchants and consumers alike.
About the role
The Tax Counsel - Information Reporting will ensure overall compliance with policy related to information reporting and withholding tax rules (including FATCA, CRS, CARF, and 1099) across global products, processes, and procedures. This experienced in-house tax attorney will work with cross-functional partners to evaluate new products and changes to existing products, determine applicability of existing information reporting policies, and create new policies as needed, exercising sound judgment in identifying legal risk and recommending defensible positions. Subsidiary: PayPal; Travel: 0%.
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 directly 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.
- Mentor junior attorneys or legal professionals and contribute to knowledge development within the tax function.
- Ensure compliance with global information reporting (IRS, FATCA, CRS, and CARF) requirements and electronic filings, corrections, and B-notices.
- Review and evaluate new or updated global products for global information reporting impacts; advise product development partners of resulting policy requirements.
- Draft business requirement documents (e.g., 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 highly effective partnerships with impacted business areas and related processes that impact compliance related to new global products, such as cryptocurrency reporting.
- Support initiatives related to system development and remediation activities to ensure regulatory compliance, process improvements, and risk mitigation.
Requirements
- 5+ years relevant tax experience and a Juris Doctor (JD) degree or foreign equivalent.
- Admission to practice law in at least one jurisdiction.
- Demonstrated ability to independently manage significant tax matters.
Pay
The base pay for this role depends on work location and relevant experience. Expected annual pay ranges by location:
- Northern California (Virtual): $137,000 – $203,500
- San Jose, California: $143,500 – $212,850
- New York City, New York: $143,500 – $212,850
- Washington (Virtual): $137,000 – $203,500
- Washington, D.C.: $137,000 – $203,500
- New York (Virtual): $137,000 – $203,500
Additional compensation may include an annual performance bonus, equity, or other incentive compensation, as applicable.
Schedule
PayPal’s balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace.
Benefits
PayPal offers comprehensive, choice-based programs supporting physical, emotional, and financial wellbeing, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support mental health.