FAQs
What is the primary focus of the Specialty Tax Services Intern, Transfer Pricing position?
The primary focus of the position is to work with a team of consulting economists to assist multi-national companies in correctly pricing their intercompany transactions, ensuring compliance with foreign and domestic tax regulations.
What types of tasks will the intern be responsible for?
The intern will be responsible for examining various economic conditions and industry trends, evaluating clients’ intercompany transactions, and consulting with clients to set or substantiate prices charged between their related parties.
What skills are essential for this internship?
Essential skills for this internship include strong analytical skills and exceptional writing and editing skills.
Where is the internship located?
The internship is located in Chicago.
Is this position a full-time or part-time internship?
This internship is a summer position, indicating that it is likely a full-time commitment during that period.
What educational background is necessary for this internship?
While the job description does not specify, candidates typically would benefit from a background in finance, economics, accounting, or a related field.
Will the intern work independently or as part of a team?
The intern will work as part of a team, collaborating with consulting economists and other team members on various projects related to transfer pricing.
What is the importance of analyzing intercompany pricing in this role?
Analyzing intercompany pricing is crucial as it helps companies comply with tax regulations and ensures that pricing practices are aligned with economic realities and industry standards, minimizing the risk of tax disputes.
When is the internship scheduled to take place?
The internship is scheduled for the summer of 2025.
How can applicants prepare for this internship position?
Applicants can prepare by developing their analytical and writing skills, gaining a solid understanding of transfer pricing and tax regulations, and familiarizing themselves with economic principles related to intercompany transactions.