Mazen Barakat serves as the Director of Global Tax Compliance at Western Union, where he leverages over 20 years of extensive experience in the financial services sector to lead a dynamic team of 15 to 20 tax professionals. His role is pivotal in ensuring that...
Mazen Barakat serves as the Director of Global Tax Compliance at Western Union, where he leverages over 20 years of extensive experience in the financial services sector to lead a dynamic team of 15 to 20 tax professionals. His role is pivotal in ensuring that Western Union adheres to complex global tax regulations while optimizing compliance strategies that align with the company's business objectives. With a strong foundation in Transfer Pricing, GAAP, and tax research, Mazen is adept at navigating the intricacies of international tax law, which is essential for a multinational corporation operating in diverse jurisdictions.
One of Mazen's key projects includes the preparation and implementation of repatriation strategies designed to efficiently manage the movement of funds across borders while minimizing tax liabilities. This involves a thorough analysis of tax implications and the development of robust frameworks that comply with both U.S. and international tax standards. His expertise in VAT, IFRS, and the Sarbanes-Oxley Act further enhances his ability to guide Western Union through the complexities of tax compliance and reporting.
Mazen's leadership extends beyond technical skills; he is committed to building high-performing teams by hiring, developing, and motivating tax professionals. His strategic vision and hands-on approach foster a collaborative environment where team members can thrive and contribute to the organization’s success. With a Master’s degree in Taxation from the University of Denver - Sturm College of Law, Mazen combines academic rigor with practical experience, making him a respected leader in the global tax compliance arena.
