Deloitte Kicks off Annual Tax Case Competition in 16 Cities across the Country

'FanTAXtic' challenges college students to solve issues-based business tax scenarios; Teams vie for a spot in national contest

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Deloitte

Oct 26, 2012, 10:17 ET

NEW YORK, Oct. 26, 2012 /PRNewswire/ -- FanTAXtic, Deloitte's student tax case study competition, kicks off on November 3 in 16 cities across the country. The regional phase of this leading national contest will encourage student teams to utilize their growing knowledge and developing skills to solve real-world, issues-based business tax challenges. Participants will engage in simulation exercises, role play with Deloitte tax professionals and make a presentation to a panel of live and "virtual" judges using the organization's video conferencing capabilities.

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Sponsored by Deloitte Tax LLP and the Deloitte Foundation, the FanTAXtic competition is designed for future tax talent to gain exposure early in their academic careers. It also gives students a first-hand look into the consultative aspects of tax, the application of tax codes and regulations, as well as introduces them to many of the experiences they can expect to have in today's business environment.

"While we have offered a tax case competition for years, the current approach of the Deloitte FanTAXtic competition enables us to better bring together the academic and real-life professional experiences necessary for students to be successful outside of the classroom," said Shaun Budnik, president, Deloitte Foundation. "It also allows them to learn about careers in tax by connecting with practicing Deloitte Tax professionals. We are very excited about all of the teams participating this year and look forward to watching them learn and hone their technical, interpersonal and communications skills."

This year's regional event will feature 74 student teams from 51 schools competing head-to-head in 16 Deloitte offices in Atlanta, Boston, Charlotte, Chicago, Cleveland, Columbus, Dallas, Houston, Kansas City, Los Angeles, Miami, Milwaukee, New York, San Diego, Salt Lake City and Seattle. Each team will be comprised of five students--two sophomores, two juniors or seniors and one graduate student. The winners in each region will advance to Deloitte's National FanTAXtic competition taking place January 18-20, 2013 at Deloitte University, a state of the art learning and leadership development center. There they will compete for over $50,000 in individual scholarships and institutional awards.

To learn more about FanTAXtic please visit www.deloitte.com/FanTAXtic.

About the Deloitte Foundation

The Deloitte Foundation, founded in 1928, is a not-for-profit organization that supports teaching, research and curriculum innovation in accounting, business and related fields within the U.S. Funded by Deloitte LLP, the Foundation sponsors an array of national programs relevant to a variety of professional services, benefiting middle/high school students, undergraduates, graduate students and faculty. For more information, please visit the Deloitte Foundation web page at www.deloitte.com/us/df.

As used in this document, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.

SOURCE Deloitte