Dean Marsan

A seasoned tax professional, Dean Marsan has spent more than 20 years providing his expertise to a number of high-profile firms in the New York metropolitan area. A licensed tax attorney and a Certified Public Accountant (CPA), Mr. Marsan is admitted to practice law by the New York State Bar and the District of Columbia Bar. He holds CPA licenses with the states of Maryland and New Hampshire as well as the District of Columbia. Dean Marsan maintains professional affiliations with a number of organizations, including the New York Chapter of the Tax Executives Institute, the Wall Street Tax Association’s Tax Reporting and FATCA Committee, the American Bar Association Tax Section’s FATCA Group, the New York State Bar Tax Section’s FATCA Group, and the International Fiscal Association. In addition, Mr. Marsan is a member in good standing of the Compliance and Legal Division of the Securities Industry and Financial Markets Association. Since the passage of the Foreign Account Tax Compliance Act (FATCA) in 2010, Dean Marsan has devoted a significant portion of his time to studying and analyzing how to implement the new FATCA requirements and how to integrate the new rules into the existing U.S. tax reporting processes and systems of financial institutions. Mr. Marsan has offered practical guidance to address reengineering issues for such firms to become FATCA compliant by assessing business requirements (e.g., wealth and custodial accounts) and tax information reporting protocols, resolving process conflicts, providing quality assurance plans and test cases, and writing end-user/system documents and policies. Enacted as part of the Hiring Incentives to Restore Employment (HIRE) Act, FATCA seeks to eliminate tax evasion by American citizens who entrust some of their holdings to foreign banks. As a result of his analysis of this law, Dean Marsan has written several comprehensive articles that have appeared in TAXES—The Tax Magazine. In his most recent role as Senior Manager at Deloitte Tax LLP, Mr. Marsan provided consultation on the tax information reporting impacts of FATCA as well as on tax controversy and tax withholding audits.