Jacob Caress

About Jacob Caress

Senior Tax Analyst at Eaton Corporation. John Carroll ‘22 & ‘23 Graduate. NCAA Lacrosse…

Experience

1. Senior Analyst, Transfer Pricing Controversy Americas & Federal Tax

   Eaton

   Aug 2022 — Present

   Identify and analyze intercompany transactions, with a focus on supporting transactions under tax audit- Model various scenarios to provide senior tax leadership information for critical decisions- Develop functional and financial analyses, review and critique of tax authority analyses- Support and often lead mission critical transfer pricing controversy strategy projects that impact shareholder value such as Information Document Request (\"IDR\") responses, settlement discussions and litigation support- Proactively identify and manage transfer pricing risks and propose solutions- Review required global transfer pricing documentation for consistency with the global controversy strategy; utilize past experience to provide constructive feedback for improving documentation- Collaborate with Eaton’s senior controllership team to review transfer pricing policies and monitor ongoing compliance with a focus on consistency and defensibility- Collaborate with Direct Tax team for both U.S. and foreign entities\' audit defense, which includes developing strategic responses to IDRs in a timely and concise manner, reviewing and analyzing government positions to provide strategic defense options to TP leadership, and developing and recommending strategies to reach resolution with the tax authorities- Perform, manage, and execute the annual R&D tax credit calculation during a three-month project period