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The comprehensive guide to the world's leading tax firms

KPMG's tax department is headed by Jan Žůrek who manages a team of eight partners and 108 fee earners.The firm is highly regarded by its competitors, who highlight Marika Konečná for her transfer pricing skills.The key business lines the firm focuses ... [more]

KPMG's tax department is headed by Jan Žůrek who manages a team of eight partners and 108 fee earners.

The firm is highly regarded by its competitors, who highlight Marika Konečná for her transfer pricing skills.

The key business lines the firm focuses on are corporate tax, indirect tax, international tax, M&A, tax outsourcing and transfer pricing.

KPMG's tax department, led by Mark Gibbins, includes four partners and three fee earners. Its work includes addressing strategic issues, cross-border M&A, risk management, organisational and infrastructure change and e-commerce.Gibbins and Teodora Alecu ... [more]

KPMG's tax department, led by Mark Gibbins, includes four partners and three fee earners. Its work includes addressing strategic issues, cross-border M&A, risk management, organisational and infrastructure change and e-commerce.

Gibbins and Teodora Alecu advised a well-known IT developer in October 2011 on transfer pricing planning for wide distribution changes as well as on the restructuring of IP companies.

In May 2012 a team of seven advised a Romanian group on the tax implications and implementation. This also included advice on establishing a defendable transfer pricing policy.

The firm was required to provide coordination of all tax aspects in different jurisdictions with various regulations, to achieve consistency at group level, minimise tax exposures and enhance tax benefits.

KPMG has continued to reform its tax and legal operating structure over the past 12 months and after a period of strong recruitment the firm is focused on market development and building relationships with clients.One client said "We are happy with the ... [more]

KPMG has continued to reform its tax and legal operating structure over the past 12 months and after a period of strong recruitment the firm is focused on market development and building relationships with clients.

One client said "We are happy with the service we receive from the firm because they always meet deadlines and provide accurate deliverables. They definitely meet our expectations. Their team is professional and reliable and we are especially happy with Daria Klementyeva's and Konstantin Yurchenko's performance."

Under the leadership of Graham Povey, the tax and legal department has also expanded across Russia and the CIS. The practice has a strong energy and natural resources team of professionals, which has allowed it to acquire and maintain clients in this sector.

Mikhail Orlov is able to provide the firm with insight into legislative developments given his position as chairman of the Expert Board of State Duma's Tax Committee.

At the end of 2011, Yurchenko advised TNK-BP on the development and methodology in accordance with transfer pricing legislation effective from January 2012. Work included the firm developing an APA. The client was the first Russian company to negotiate a final APA with the Russian tax authorities.

Other work included the firm advising OJSC Rosneft in its participation in two international projects. The first is the development of oil and gas resources in the Black Sea, in co-operation with ExxonMobil. Deputy Prime Minister Igor Sechin commented that this project emphasises the importance of Russia's position in the global oil and gas market.

The second project includes the development of oil and gas resources in the Carabobo oil field in Venezuela in co-operation with Petróleos de Venezuela, a state oil company.

The firm continues to hold its position in the market and remains dedicated to strengthening its tax and legal department, which now includes 299 fee earners and 14 partners.

The tax department at KPMG is under the leadership of Nada Drobnič, who heads a team of nine fee earners. The firm has created a strong position in the market since its creation in 1993 and has capabilities across all tax areas.Drobnič and Urška Slevec ... [more]

The tax department at KPMG is under the leadership of Nada Drobnič, who heads a team of nine fee earners. The firm has created a strong position in the market since its creation in 1993 and has capabilities across all tax areas.

Drobnič and Urška Slevec led a team from the practice that prepared transfer pricing documentation for a parent company of a large group of resident and non-resident entities. The parent company has many different transactions with its related parties. The firm was able to bring transactions together and advised the client of two separate benchmarks.

The firm also advised clients on issues relating to the tax deductibility of impairment expenses of financial investments. With no clear legislation on whether expenses are wholly or 50% tax deductible, the firm argued that expenses should be wholly tax deductible and was able to get the tax authority to confirm this view.