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New York (Jan. 16, 2003) -- The allure of the private sector called to Sean Foley, who answered the call by leaving his post at the Internal Revenue Service for a principal position at KPMG.Foley, a former director of the Advance Pricing Agreement program for the IRS, joined KPMG as a principal in the firm's International Corporate Services practice. There, he splits his time between the firm's New York and Washington offices.
"I had a great time there (at the IRS) and I gained a breadth of experience you just can’t see in a private practice," Foley said. "After five years at the IRS I felt I made the contribution that I could and it was time to move out. I’m excited about getting back into direct client work."
In his new role, Foley will help expand the firm's capabilities in the areas of APA and transfer pricing work, representing clients who have interests in APA with the government. In addition, he will work on international tax matters, where his responsibilities include outbound and inbound tax planning, intangibles migration strategies, and controversy work. Foley serves on the firm's national team for Transfer Pricing Risk Management (TPRM) Services, a collection of international tax planning, economic analysis, and controversy services designed to assist multinational companies in efficiently managing their transfer pricing risks.
While at the IRS, Foley managed the alternative dispute resolution program for international transfer pricing issues. He also executed all advance pricing agreement and negotiating positions. Prior to that, Foley was advisor to the head of the IRS Chief Counsel's international tax group, where he was responsible for guidance project review and development.
-- Seth Fineberg
