I’m in tax doing private client services. How do I make the jump into international tax without much foreign experience?

Navigating a Career Transition: Moving from Private Client Services to International Taxation

Making a significant career shift can be both exciting and daunting, particularly in the field of taxation. If you’re currently working in private client services (PCS) and are considering a transition to international tax, you’re not alone in this journey. Many professionals seek to expand their horizons and explore new opportunities, especially when it comes to broadening their expertise in a specialized field like international taxation.

The Current Landscape

Currently employed at a national firm, you likely find value in your role within the PCS division, managing client relationships and providing tailored services. However, your desire for growth and the potential for more career options in international tax is understandable. Given the increasing globalization of business, international tax specialists are often in high demand, and the field continues to evolve with new regulations and challenges.

Assessing Your Experience

Although your exposure to foreign activities within client portfolios may be limited, it’s essential to recognize the transferrable skills you possess. Competencies gained in PCS—such as client management, analytical skills, and attention to detail—can serve you well as you make this transition. Identifying and articulating how these skills align with international tax will be crucial as you navigate this change.

Steps to Facilitate the Transition

1. Educational Foundations: Consider pursuing additional coursework or certifications specific to international taxation. Programs that focus on cross-border tax issues can provide essential knowledge and help bridge any experience gaps.

2. Networking Opportunities: Engage with professionals in both your current firm and the international tax field. Attend seminars, webinars, and networking events to build relationships and gain insight into the nuances of international tax.

3. Cross-Department Collaboration: If possible, seek opportunities within your current firm to collaborate with the international tax department. Shadowing professionals or working on cross-border projects, even if they are minimal, can enhance your understanding and visibility within that space.

4. Stay Informed: Keep abreast of current trends and changes in international tax regulations. This knowledge will not only prepare you for potential interview discussions but also demonstrate your commitment to this new path.

5. Seeking Mentorship: Identify a mentor within your firm or the broader industry who specializes in international tax. Their guidance can prove invaluable as you navigate your career transition.

The Potential Ahead

While your current role in PCS may provide you with fulfillment, it’s commendable that you’re thinking ahead about the opportunities