Kevin J. McHugh CPA

Company Overview: flyExclusive is a premier owner/operator of private jet experiences

• Implemented post IPO UP-C ASC740 Income Tax Provision methodology for newly formed public company; coordinated with internal financial reporting team ensuring timely completion and accuracy of ASC740 Income Tax reporting and disclosures.
• Maintained strong relationships with regulatory authorities, efficiently resolving tax audits and disputes.
• Streamlined tax filing process for improved accuracy and timely submission of corporate and partnership federal and state tax returns.
• Stayed abreast of industry trends and best practices, leveraging this knowledge to drive continuous improvement initiatives within the department.
• Provided guidance to junior team members on complex technical issues, nurturing their professional growth within the organization.

Company Overview: The Adecco Group is a Swiss–French company based in Zurich, Switzerland. It is the world's second largest Human Resources provider and temporary staffing firm, and a Fortune Global 500 company.

• Managed IRS Compliance Assurance Process (CAP program) and coordinated issues raised by the IRS.
• Managed ASC 740 US, Canada and Puerto Rico tax provision and tax return preparation process.
• Managed transfer pricing audit process and maintained catalog of contemporaneous documentation.
• Managed Base Erosion and Anti-abuse tax (BEAT) calculations and established planning opportunities to mitigate risks.
• Managed indirect tax team covering US sales tax, property tax, business license, annual reports, and Canada GST.
• Established process improvements reducing manual work and leveraging efficiency using technology.

Company Overview: Fortune 500 company, American Tower Corporation is a real estate investment trust which owns and operates wireless and broadcast communications infrastructure

• Managed indirect tax team covering US sales tax, property tax, business license, annual reports, and Canada GST.
• Recovered > $25M in overdue property tax from tower lessees.
• Established tax billing model for new customer revenue contracts.
• Published monthly reporting metrics summarizing key deliverables and initiatives.
• Managed indirect tax audits.
• Led entity consolidation process resulting in reduced compliance costs and filing obligations.

Company Overview: Provider of cloud managed application services, cloud software services, and information technology professional services, acquired by NaviSite Inc. in 2020.

• Transitioned outsourced managed service model to internally managed tax function; selected U.S. and Canadian tax service providers leveraging synergies resulting in reduced consulting costs.
• Responsible for ASC 740 and coordination of worldwide direct and indirect VAT tax compliance and planning activities. Prepared financial statement tax footnote disclosure and schedules.
• Managed treasury and bank reporting disclosures including FACTA and FBAR filings and coordinated efforts with majority PE backer.
• Led UK, Singapore, and Hong Kong statutory audit process; completed all open audit periods two months ahead of schedule.
• Established tax operating procedures and global transfer pricing policy securing $3M in annual tax benefits.
• Evaluated Cares Act provisions related to 163(j) and GILTI, preserving $460K in tax attributes.
• Managed ASC 450 contingencies and ASC 740-10 reserve assessment and disclosures; negotiated settlement of U.S. tax audits and UK tax controversies.
• Established U.S. sales tax rules for SaaS, IaaS and professional services product offerings; Implemented Avalara sales tax reporting engine.
• Led tax due diligence supporting strategic realignment strategy that led to successful sale transaction.

Company Overview: Private equity / venture capital backed provider of edge data center solutions, acquired by EQT Infrastructure in 2020.

• Developed tax planning strategies and gave periodic updates to senior management and the audit committee regarding significant tax policy issues including Tax Reform (TCJA) and BEPS; made periodic presentations to the audit committee and senior leadership analyzing impacts to the organization; provided insight on alternative roadmap structures and strategic options.
• Led US GAAP and IFRS project finance data center expansion audit securing over $1B in debt funding from an internationally led banking syndicate; facilitated derivative hedge and interest rate swap transactions.
• Negotiated favorable Dutch VAT ruling securing €40M in VAT refunds.
• Managed US and International direct and indirect VAT compliance, reporting and planning including ASC740 and IAS12. Prepared financial statement tax footnote disclosure and schedules.
• Implemented global FATCA and LEI management and reporting processes across the global platform.
• Established international legal entity holding company structure supporting strategic planning initiatives; developed international accounting and tax operating procedures and global transfer pricing policy securing $10M in annual cash tax savings.
• Successfully negotiated and identified $20M in state, local and international tax incentives increasing EBITDA and operating cash flows. Liaised with sales teams designing tax profile attributes and identifying tax incentives available in the market.
• Secured $44M in tax benefits from cost segregation studies performed for over 25 data centers.
• Led acquisition due diligence and strategic customer negotiations addressing lease accounting alternatives and revenue recognition issues.
• Managed 409(A) and IRC 382 studies while monitoring tax attributes in conjunction with Private Equity funding.

Company Overview: GSMA-accredited global mobile network that operates its service internationally.

Company Overview: Arysta LifeScience Corporation was a global crop protection company acquired by UPL Corporation Limited in February 2019

Company Overview: Covidien plc was an Irish-headquartered global health care products company and manufacturer of medical devices and supplies; Acquired by Medtronic in 2015