Information Reporting & Withholding Tax

Helping organizations comply with U.S. and foreign withholding requirements and regimes

Cyrus Daftary

Cyrus Daftary

Principal, Tax, KPMG (US)

+1 212-954-6096
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Professionals in KPMG LLP’s (KPMG) Information Reporting & Withholding Tax (IRW) Services practice offer a wide range of information reporting consulting services and technology solutions to help financial services entities comply with U.S. and foreign withholding requirements and reporting regimes. And 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.

FATCA and CRS

Around the world, the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS) for the Automatic Exchange of Information (AEOI) have had a profound impact on financial institutions (FIs) as well as companies involved in investing or trading activities resulting in cross-border payments.

In response, these companies and FIs have been very focused on determining the impact of these regulations on their business, and in finding the right processes and solutions for compliance.

KPMG professionals have been instrumental in the development of FATCA and CRS regimes while serving in advisory roles with various government entities and financial services industry sectors.

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.

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.

Read one of the following brochures to learn more about our services:

TaxNewsFlash – FATCA/IGA/CRS

Alerts on FATCA, IGAs, and CRS from KPMG International member firms around the world