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Brian Murphy
National Tax Partner - Energy at EY
Professional Background
Brian Murphy is a National Tax Partner at EY, specializing in the energy sector. His position allows him to integrate sophisticated tax strategies with clients across North America, ensuring they navigate the complexities of the ever-evolving tax landscape. With a career spanning decades, Brian has developed profound expertise in various aspects of taxation, which includes testifying in regulatory ratemaking proceedings and serving as a tax leader for the initial public offering (IPO) of a renewable energy yield vehicle.
Prior to rejoining EY, Brian was instrumental in shaping tax strategies at NextEra Energy, where he served as Vice President of Tax for over 20 years. NextEra Energy has established itself as a Fortune 200 power and utility company, renowned for its leadership in renewable energy projects. Under Brian's guidance, the tax department at NextEra contributed to the company's status as one of the top-ranked companies in the electric and gas utilities sector, consistently recognized by Fortune as one of the "World's Most Admired Companies."
Brian's role at EY empowers him to collaborate closely with cross-functional teams and industry groups to tackle tax-related challenges unique to the energy sector. He works diligently to identify and resolve complex issues faced by clients, leveraging his wealth of experience and knowledge in taxation and energy regulation.
Education and Achievements
Brian Murphy holds a Master of Accounting with a Tax Concentration and a Bachelor of Science in Accounting, both obtained from the esteemed University of Florida. His academic credentials not only highlight his commitment to professional development but also underline his solid foundation in accounting and taxation principles. As a Certified Public Accountant (CPA) licensed in Florida, Brian demonstrates his proficiency and adherence to the highest standards in the accounting profession.
He is also an active member of several respected organizations, including the American Institute of CPAs and the Florida Institute of CPAs. His involvement with the Tax Executives Institute, where he served as the Treasurer for the Florida Chapter from 2011 to 2012, showcases his dedication to advancing the profession and sharing knowledge with peers in the field.
In addition to his professional qualifications, Brian’s contributions extend to public speaking engagements. He regularly addresses professional and trade audiences, sharing insights about tax implications for the energy sector. His engagements with committees like the EEI Taxation Committee reflect his standing as a thought leader in the intersection of taxation and energy.
Contributions to the Industry
Beyond his hands-on work with clients, Brian founded and served as the past president of STARTUP (State Tax Roundtable for Utilities & Power), an invaluable energy industry focus group intended for state tax professionals. This initiative underlines his commitment to fostering collaboration and dialogue among practitioners in the energy tax field, enhancing the collective knowledge of state-level taxation issues relevant to the utilities and power sector.
Brian’s impressive track record and leadership roles illustrate a professional dedicated to excellence and innovation in tax services for the energy industry. His blend of technical skills, strategic insight, and commitment to professional ethics positions him as a key player in the field, continually enhancing the understanding of energy-related tax implications across various stakeholders.
