What kind of work does the tax division of an investment bank do?

from Goldman’s website:

“We’re a team of specialists charged with managing the firm’s worldwide taxes. We are responsible for tax compliance, financial reporting of taxes, tax planning, business advisory and management of taxing authority examinations. Our work contributes directly to the firm’s success, and the division is ideal for creative and collaborative individuals who have strong ethics and attention to detail”

No one seems to talk about it much. Is this typical back office stuff? An accountancy job? How is the pay like?

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