Niclas Bengtsson

Head of Tax Structuring at Philip Morris International | Expert in Corporate Tax and Tax Advisory

Greater Stockholm Metropolitan Area

About

With over a decade at Swedish Match, my role as Vice President Group Tax and currently my role as head of Tax Structuring at Philip Morris International Inc, centered around guiding our global tax strategy and ensuring compliance across jurisdictions. The team excels in corporate tax advisory, leveraging an in-depth understanding of international tax law to optimize the Group's financial operations. My approach blends rigorous tax accounting with innovative transfer pricing solutions, contributing to the company's robust fiscal framework. We thrive on navigating complex tax matters, underpinning Swedish Match AB's and PMI's commitment to fiscal responsibility and strategic tax planning.

Experience

  • Head of Tax Structuring at Philip Morris International
    Mar 2024 - Present · 2 yrs 4 mos

    • Leading teams in executing global strategic tax M&A projects for Philip Morris International. • Manage legal business restructuring activities to ensure compliance and optimize tax structures. • Initiate and implement innovative tax structuring solutions to drive business growth and efficiency.

  • Swedish Match AB (On-site)
    • Vice President Group Tax and Treasury
      Sep 2014 - Sep 2024 · 10 yrs 1 mo

      • Reported to the CFO and led a tax team aligning the tax structure and supply chain with changes in international tax legislation, resulting in high tax exposure planning success. • Headed Treasury in Switzerland, overseeing a team of three direct reports. • Frequent guest member at the Audit Committee interacting with the board of directors and the CEO. • Successfully defended tax-driven transactions in Supreme Court, securing large net tax cash gains. • Spearheaded legal and tax structuring for planned US Cigar IPO at NYSE, ensuring effective business solutions for stakeholders.

    • Tax Director
      Aug 2008 - Aug 2014 · 6 yrs 1 mo

      • Led global corporate tax matters including transfer pricing, transaction tax as well as indirect tax, resulting in large recurring annual effective tax rate reductions. • Planned and executed inter-company legal restructuring, achieving tax-efficient debt structures between Belgium, Sweden, and the US. • Developed the tax reporting structure and analyzed consolidated quarterly and year-end tax rates.

  • Tax Manager at Ernst & Young
    Aug 2004 - Sep 2008 · 4 yrs 2 mos

    • worked with Swedish and international corporate tax, tax accounting, and transaction tax at Ernst & Young in Sweden. • Collaborated with private equity firms and multinationals like H&M and Bombardier to provide added value in divestments and acquisitions. • Developed effective project management skills and built strong relationships with high-profile clients.

  • Tax Litigation and corporate tax officer at Skatteverket - The Swedish Tax Agency
    Jan 1999 - Aug 2004 · 5 yrs 8 mos

    • Managed tax litigation cases in Swedish courts, translating theoretical knowledge into practical solutions. • Conducted general corporate tax work, ensuring compliance with Swedish tax laws and regulations.