Tax Director

We are seeking a highly skilled Tax Director to join our team in the Asia-Pacific region. The successful candidate will be responsible for managing tax compliance and providing advisory support across Japan, Singapore, Australia, Hong Kong, and mainland China.

The Tax Director will play a critical role in addressing the increasing complexities of tax regulations; compliance demands and mitigating risks in the Asia Pacific (APAC) region. They will also support CIBC's strategic growth initiatives in APAC, including business expansion and cross-border transactions, while ensuring adherence to local tax laws and regulations.

• Manage tax compliance and related issues for CIBC APAC, with day-to-day responsibility for Tax Compliance matters across Asia Pacific.
• Assist with providing advice and support to wholesale capital markets business on live multi branch business opportunities in APAC and controlling tax risk via trading documentation. This will be in conjunction with Tax colleagues in the UK and Toronto.
• Assist with provided support on CIBC APAC cross-border lending transactions.

• Oversight and management of the taxation compliance functions across APAC in conjunction with the UK Tax Team and external advisers.
• Australian consolidated Company Group and Australian Branch Corporation tax computation and returns including international dealings schedules.
• Calculation and management of monthly Australian Corporation tax instalment payments.
• Prepare monthly Australian BAS returns with instalment payments.
• Review Australian FBT returns prepared by Finance colleagues and submission via external provider.
• Australian regulatory returns: Annual investment income report, New South Wales Insurance Premium Tax reporting.
• Complete Singaporean GST returns and ensures that CIBC continues to meet the Singaporean Tax Authorities' requirements of the GST Assisted Compliance Assurance Programme (ACAP).
• Singapore Branch Corporation tax computation and return.
• Japanese Branch Japanese and Barbadian Corporation tax computation and Return.
• Japanese consumption tax returns.
• Tax aspects of Australia, Singapore, Japan annual audits and reporting for statutory accounts.
• Hong Kong Branch Corporation tax computation and returns including mainland China rep office inputs with emphasis on the CATA AOA calculation, tier two tax rate election.
• Transfer pricing policies and requirements across APAC, including ever increasing transfer pricing documentation requirements to accompany Corporation Tax Returns and local tax transfer pricing files.
• Ensure APAC Corporation Tax and Indirect Tax liabilities are settled within statutory deadlines.
• Assist with delivering on APAC month end tax reporting requirements.
• Ensure internal tax controls are operated effectively via robust governance frameworks to mitigate tax risks.
• Assist with strategic tax advisory for business expansion and cross-border transactions in APAC.
• Act as the primary point of contact on the ground for business stakeholders in the APAC region. Assist with maintaining a good relationship with the APAC tax authorities. Assist with advising on the tax implications of new products, services, and business initiatives for APAC operations.
• Support the development and implementation of internal governance tax APAC policies and procedures.
• Ensure compliance with OECD/G20 BEPS 2.0 measures, including Pillar 2 requirements for APAC region.
• Minimize errors in tax filings and reporting to avoid penalties and scrutiny from APAC tax authorities.
• Partner with the UK and Toronto Tax Teams to align global tax strategies and ensure consistency in compliance efforts.
• Collaborate with internal stakeholders, including APAC Legal, Finance, and Operations, to address tax-related matters.
• Ensure that roles, responsibilities, and accountabilities as regards taxation matters are defined and understood, with revisions as and when appropriate to reflect changes in the needs of the APAC businesses, regulators and legislation.
• Support the development and implementation of internal governance tax APAC policies and procedures.
• Provide training and guidance to non-tax specialists in APAC to enhance their understanding of tax regulations.