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Patrick J. Sweet

Patrick J. Sweet has over two decades of experience in the field of international taxation, with a focus on manufacturing and export tax benefits.  His practice has included the development of optimization tools related to the preparation of detailed taxable income calculations at a transactional level, as well as extensive experience supporting transaction-based calculations to the IRS.  He also has extensive experience applying the domestic production activities deductions rules in the context of clients with complex business operations.

Prior to co-founding Profit Point Tax Technologies, Patrick J. Sweet was for over a decade an innovation leader at a Big 4 firm, where he was responsible for developing software tools for a variety of tax services, including DISC, ETI, section 863(b), and section 861 optimizations.  In addition to complex software development, he was responsible for generating innovative tax planning ideas and providing technical support to clients.

Patrick J. Sweet is an alumnus of the University of Iowa, with JD, MBA, and BA Finance degrees.  He is a member of the California Bar.

About Profit Point Tax Technologies

Profit Point Tax Technologies is comprised of a group of highly-qualified professionals with more than 70 years of experience optimizing U.S. companies’ tax benefits utilizing the various federal income tax incentives. They are skilled in performing transactional optimizations associated with the Domestic International Sales Corporation (DISC), the Foreign Sales Corporation (FSC), and the Extraterritorial Income (ETI) regime. While the Domestic Production Activities Deduction is calculated on an “item-by-item” basis (rather than on a transactional basis), it shares many of the optimization opportunities that are present in a transactional optimization.