Information Reporting & Withholding Tax Services

U.S. and foreign information reporting and withholding (IRW) requirements have had a profound impact on financial services entities as well as multinational companies involved in investing or trading activities that result in cross-border payments.   

KPMG Information Reporting & Withholding Tax Services practice offers a wide range of IRW-related consulting services and IRW technology solutions to help our clients with U.S. and foreign IRW regimes, such as:

• Internal Revenue Code Chapter 3 and Chapter 61
• Foreign Account Tax Compliance Act (FATCA)
• Common Reporting Standard (CRS) for the Automatic Exchange of Information (AEOI). 

Professionals in our Information Reporting & Withholding Tax Service practice include individuals who have worked in the financial services industry or at U.S. Treasury, the IRS, and the Organisation for Economic Co-operation and Development, some of whom were actively involved in the development of IRW regimes. In addition, our professionals have undertaken some of the largest international FATCA remediation and look-back exercises, and have global experience in designing, implementing, and testing FATCA operating models and controls.

By actively working with KPMG International member firm partners and professionals around the world, we can advise you on the application of local country rules and procedures, while helping you implement a consistent global approach.

With our combined knowledge of tax regulations, anti-money-laundering processes, operational procedures, account and payment systems, and more, we can provide our clients with compliance services and products such as customer onboarding technology and other proprietary technology solutions.