Claudia Jocelyn

Claudia Jocelyn leads the State and Local Tax offering within FTI Consulting’s U.S. Tax Advisory practice. Ms. Jocelyn has more than 20 years of multistate tax experience across income/franchise, gross receipts, sales and use, property and employment taxes. She advises private equity firms and corporations on transactions, planning, compliance and provision, as well as tax controversy across industries, including healthcare, real estate, technology, energy and infrastructure, retail and consumer products and business services.

Ms. Jocelyn helps clients manage their state tax footprint as their businesses change: through acquisitions and exits, reorganizations and entity rationalizations, expansions into new states or into the United States from abroad, as well as audits. Her advisory work addresses the core state tax questions, including where they owe tax, which of their products and services are taxable, how their income is divided among the states and which related companies must file together. On transactions, she leads buy-side and sell-side due diligence, sell-side structuring and modeling and post-close integration for privately owned and publicly held companies. She also advises non-U.S. companies establishing or expanding operations in the United States, aligning the state tax plan with the broader U.S. setup.

Before joining FTI Consulting, Ms. Jocelyn managed state tax compliance and provision in-house at S&P Global. Earlier, she advised clients on sales and property tax with FTI Consulting’s Real Estate Solutions group, including New York and New Jersey sales tax audits through conciliation and closing. Prior to that, she was a manager in PwC’s State and Local Tax practice, serving Fortune 500 clients across industries. She began her career at Tyco International, rising from tax associate to manager in the state tax controversy group, where she managed state income tax audits during the company’s restructuring.

Relevant Experience:

• Provided ongoing state and local tax advisory, including nexus and unitary studies, revenue sourcing and taxability analyses
• Advised state and local tax advisory for non-U.S. companies investing in or establishing operations in the United States., including U.S. entity structure selection, nexus, registration and state footprint planning
• Advised on buy-side and sell-side state and local tax due diligence for private equity and strategic clients, including platform and add-on acquisitions, refinancing's and exits
• Evaluated multistate historical state tax exposure and opportunities with carve-outs, acquisitions and dispositions
• Provided post-closing advisory, including nexus and registration, compliance stand-up, TSA review, Day 1–100 readiness and remediation
• Defended state income tax and sales and use tax audits, from auditor workpaper review and negotiation through conciliation and settlement, including reducing a client’s assessment by more than $2 million