Andrew Shact

Andrew Shact

Lecturer

Vice President Tax and Tax Counsel at Candela Medical

BS in Accounting with Highest Honors, Bentley University
MS in Taxation with Highest Honors, Bentley University
JD cum laude, Suffolk University School of Law
LLM in Taxation with Honors, Boston University School of Law Graduate Tax Program

Biography

Andrew Shact is a seasoned corporate tax executive with extensive experience organically building, externally acquiring, and tax efficiently restructuring multinational companies. He has a proven record delivering bottom-line tax expense reduction and cash savings. Andrew has built and revitalized tax departments at several high growth publicly traded and private equity owned US and foreign based multinational life science and technology companies with sales ranging from $500 million to $5 billion.

In these companies, Andrew favorably settled transfer pricing controversies, migrated intellectual property, and eliminated corporate restructuring exit taxes in multiple international settings. As the tax VP, Andrew also led post-acquisition integration and entity rationalization initiatives. Andrew continues to actively publish in major tax journals and has co-authored several journal articles with his mentor, Richard Ainsworth.

Profile Types
Faculty, Graduate Tax LLM, Lecturers & Adjunct Professors, and Part-Time Faculty
Areas of Interest
International Tax, Tax Efficient Corporate Restructuring, and Transfer Pricing

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Publications

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  • Richard Thompson Ainsworth & Andrew Shact, Blockchain (Distributed Ledger Technology) Solves VAT Fraud 83 Tax Notes (2016)
    Scholarly Commons
  • Richard Thompson Ainsworth & Andrew Shact, Transfer Pricing: The CUP -- Case Studies: Australia, US, UK, Norway and Canada 66 Tax Notes (2012)
    Scholarly Commons
  • Richard Thompson Ainsworth & Andrew Shact, Transfer Pricing: Data Dumps and Comparability - US, UK, Canadian, and Australian Case Studies 65 Tax Notes (2012)
    Scholarly Commons
  • Richard Thompson Ainsworth & Andrew Shact, Transfer Pricing & Business Restructurings: Intangibles, Synergies, and Shelters 63 Tax Notes (2011)
    Scholarly Commons

Activities & Engagements

No upcoming activities or engagements.

Courses

Transfer Pricing and Supply Chains: LAW TX 979

2 credits

This course will focus on advanced transfer pricing aspects of business restructurings (including supply chain redesigns and intangible property movements). Students will have the opportunity to experience applying the concepts of Section 482, GILTI/BEAT/FDII (new TCJA provisions) and the OECD's BEPS initiative in international tax planning for complex cross- border operations. Through case studies and small group projects, we will bring legal, accounting, and economic disciplines together to discuss practical tax challenges faced by multinational enterprises in the evolving international tax framework.

SPRG 2026: LAW TX 979 A1 , Jan 12th to May 8th 2026
Days Start End Credits Instructors Bldg Room
Tue 6:30 pm 8:30 pm 2 Candice KingAndrew Shact
SPRG 2026: LAW TX 979 OL , Jan 12th to May 8th 2026
Days Start End Credits Instructors Bldg Room
ARR 12:00 am 12:00 am 2 Candice KingAndrew Shact