Matthew Damone is a transfer pricing principal and leads Baker Tilly's transfer pricing practice. As a seasoned transfer pricing professional, Matthew has served clients for more than 20 years. He has extensive experience in leading large scale transfer pricing engagements including IP migration, the creation and defense of cost sharing arrangements, supply chain restructurings and managing transfer pricing controversy with both the IRS and foreign tax authorities.
- Provides consulting services for all aspects of transfer pricing planning with a focus on the creation of new transfer pricing structures
- Integrates transfer pricing into supply chain restructurings from both an operational as well as compliance perspective
- Provides global transfer pricing documentation engagements for both established multinational as well as growth companies in the U.S. with a focus on the master file/local file documentation approach
- Offers consulting related to the post-acquisition implementation and integration of acquired assets and entities into acquirer’s existing transfer pricing structure
- Provides consulting with respect to global tax authority initiatives, including the impact of the OECD pillar 1 and 2 initiatives, treasury regulations concerning IP aggregation and stock option expenses, and country-by-country reporting requirements
- Optimizes transfer pricing structures to manage the impact of GILTI, BEAT and FDII
- Focuses on IP migration strategies for both inbound and outbound companies
- Structures, manages and defends cost sharing agreements
- Performs IP valuations for tax and transfer pricing purposes
- Assists in the preparation of year-end transfer pricing provision packages as well as interaction with client’s auditors for ASC 740 (FAS 109)/ASC 740-10 (FIN 48)
