KPMG tax shelter fraud

KPMG and Microsoft Enter Landmark Agreement to Put AI at the Forefront of Professional Services

Retrieved on: 
Tuesday, July 11, 2023

Bill Thomas, Global Chairman and CEO, KPMG International, said: “Our renewed and strengthened relationship with Microsoft is an exciting moment for our people and our clients.

Key Points: 
  • Bill Thomas, Global Chairman and CEO, KPMG International, said: “Our renewed and strengthened relationship with Microsoft is an exciting moment for our people and our clients.
  • It will also help make KPMG a more agile and resilient business that continues to be an interesting and exciting place to work.
  • The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization.
  • Microsoft (Nasdaq “MSFT” @Microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge.

KPMG LLP AND MICROSOFT ESTABLISH INDUSTRY-LEADING INITIATIVE TO SCALE GENERATIVE AI ACROSS AUDIT, TAX AND ADVISORY

Retrieved on: 
Thursday, May 11, 2023

The initiative will be led by Cherie Gartner, KPMG's Global Lead Partner for Microsoft.

Key Points: 
  • The initiative will be led by Cherie Gartner, KPMG's Global Lead Partner for Microsoft.
  • "Over the past decade, Microsoft and KPMG have worked together to put ethics and security at the center of everything we do.
  • Many KPMG U.S. partners and employees can already apply Microsoft's generative AI capabilities against KPMG proprietary data within the firm's secure cloud platform built on Microsoft Azure, and the firm will embed generative AI capabilities across its client delivery models.
  • "The KPMG and Microsoft AI Innovation Initiative will bring the best of our two organizations together," said Cherie Gartner, Global Lead Partner for Microsoft at KPMG.

KPMG LLP Offers Scholarship Program for Underrepresented Students in Pursuit of an Accounting/Tax Master's at their School of Choice

Retrieved on: 
Monday, February 20, 2023

Students gain access to KPMG Tax mentors and coaches; join KPMG Tax upon graduation

Key Points: 
  • Students gain access to KPMG Tax mentors and coaches; join KPMG Tax upon graduation
    NEW YORK, Feb. 20, 2023 /PRNewswire/ -- In an effort to help build a more balanced and robust tax and accounting workforce, KPMG LLP, the tax, audit and advisory firm, is enhancing its current diversity, equity and inclusion (DEI) initiatives by introducing the Tax Scholarship Program to enable students from underrepresented groups to further their studies at a higher-educational institution of their choosing.
  • Two-thirds of C-suite executives responding to a recent KPMG survey reported seeing more candidates from underrepresented groups pursue degrees in accounting.
  • But there's still more to be done to diversify the profession and grow the talent pipeline.
  • Aligned with KPMG's Accelerate 2025 commitments around DEI, the Tax Scholarship Program is just one way KPMG is creating pathways for future leaders from underrepresented groups to build their careers in the profession and with KPMG as an employer of choice.

KPMG LLP INVESTS IN TALENT TO CAPITALIZE ON MARKET DEMAND FOR TAX AND FINANCE TRANSFORMATION SERVICES AT FORTUNE 500 COMPANIES

Retrieved on: 
Wednesday, July 13, 2022

NEW YORK, July 13, 2022 /PRNewswire/ -- KPMG LLP is placing its bets on the market need for corporate tax compliance and transformation services by making significant investments in talent to advance its Tax Reimagined service offering, which leverages the firm's outsized investment in technology to help companies optimize their tax and finance department operating models to focus on their core competencies and drive business growth.

Key Points: 
  • The strength of the KPMG Digital Gateway platform is a significant draw for new talent.
  • "To capitalize on this market demand and help the C-suite tackle these mounting disruptions, we've made substantial investments in our tax technology and our talent.
  • "KPMG is offering a truly differentiated client experience when it comes to tax managed services," said Chris Yeaton, KPMG Tax partner who recently joined from PwC.
  • KPMG LLP is the U.S. firm of the KPMG global organization of independent professional services firms providing audit, tax and advisory services.

KPMG AND MICROSOFT COLLABORATE TO HELP C-SUITES PREDICT TAX OUTCOMES AND SET BUSINESS STRATEGY WITH NEW CLOUD TECHNOLOGIES

Retrieved on: 
Tuesday, June 21, 2022

It puts easy-to-use technology in the hands of non-technologists, so that business leaders can leverage insights to help predict what's ahead.

Key Points: 
  • It puts easy-to-use technology in the hands of non-technologists, so that business leaders can leverage insights to help predict what's ahead.
  • Business leaders use Digital Gateway's data-driven applications, powerful modeling tools and interactive visualizations to help inform strategy, forecast outcomes, plan tax requirements, minimize risk, generate cost savings, and, ultimately, drive tangible business results.
  • KPMG and Microsoft have augmented the Digital Gateway platform with three new applications Tax Advance, Data Factory and Connected Modeling.
  • KPMG is the brand under which the member firms of KPMG International Limited ("KPMG International") operate and provide professional services.

Metalloinvest announces the election of a new Board of Directors

Retrieved on: 
Thursday, January 13, 2022

Moscow, Russia - 13 January 2022 - Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, announces the election of a new Board of Directors at Management Company Metalloinvest.

Key Points: 
  • Moscow, Russia - 13 January 2022 - Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, announces the election of a new Board of Directors at Management Company Metalloinvest.
  • Yerkozha Akylbek was elected to the Board of Directors for the first time, replacing Maxim Poletaev.
  • He also serves on the Board of Directors of Udokan Copper and is Chairman of the Supervisory Board of Coscom.
  • The Board of Directors of Management Company Metalloinvest comprises the following 12 members:
    Ivan Streshinsky, Chairman of the Board of Directors;
    Vakhtang Kocharov, Vice Chairman of the Board of Directors, Executive Director;

 KPMG Reports Global Revenues of $32.13 Billion for Fy21, Focus on Strategy Enables 10% Growth

Retrieved on: 
Thursday, December 9, 2021

Bill Thomas, Global Chairman & CEO, KPMG International

Key Points: 
  • Bill Thomas, Global Chairman & CEO, KPMG International
    Audit achieved total revenues of $11.46 billion across all KPMG firms globally in FY21.
  • Our continued focus on innovation is enabling true global consistency and delivering deeper insights for clients and stakeholders.
  • Tax and Legal services achieved total revenues of $7.02 billion across all KPMG firms globally in FY21.
  • David Linke, Global Head of Tax & Legal Services, KPMG International
    Advisory achieved total revenues of $13.65 billion across all KPMG firms globally in FY21.

KPMG Launches Legal Department Transformation Offering

Retrieved on: 
Wednesday, October 14, 2020

In response, a Global Legal Operations Transformation Services offering has been launched across KPMG firms, which is designed to provide clients with a wide range of global strategies and cross-border capabilities to help meet the challenges they face.

Key Points: 
  • In response, a Global Legal Operations Transformation Services offering has been launched across KPMG firms, which is designed to provide clients with a wide range of global strategies and cross-border capabilities to help meet the challenges they face.
  • I believe KPMGs Global Legal Operations Transformation Services teams are global, both in terms of the geographic coverage but also the strategies offered, says Stuart Fuller, Head of Global Legal Services, KPMG International.
  • David Linke, the Global Head of Tax & Legal Services for KPMG International, says KPMG firms have a record of innovation and success in Tax Transformation under the banner of Tax Reimagined.
  • * Important note: Certain member firms of the KPMG global organization, including the US firm, KPMG LLP, do not provide legal services or have KPMG Law service entities.

Companies Shift Emerging Tech Investments Amid COVID-19: KPMG Research

Retrieved on: 
Thursday, August 13, 2020

The immediate focus is now on survival, which has become the number one objective for most emerging technology investments.

Key Points: 
  • The immediate focus is now on survival, which has become the number one objective for most emerging technology investments.
  • "Now more than ever, companies need to make smart investments in emerging technologies if they are to prevail in the medium to long term.
  • KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International").
  • The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity.

Gary Scanlon Joins KPMG As Principal In Washington National Tax's International Tax Group

Retrieved on: 
Thursday, October 17, 2019

WASHINGTON, Oct. 17, 2019 /PRNewswire/ -- Gary Scanlon has joined KPMG LLP, the audit, tax and advisory firm, as a principal in the international tax group of the firm's Washington National Tax (WNT) practice.

Key Points: 
  • WASHINGTON, Oct. 17, 2019 /PRNewswire/ -- Gary Scanlon has joined KPMG LLP, the audit, tax and advisory firm, as a principal in the international tax group of the firm's Washington National Tax (WNT) practice.
  • Most recently, he served as an attorney-advisor with the U.S. Department of the Treasury's Office of the International Tax Counsel.
  • "We are thrilled to welcome Gary to our Washington National Tax practice and our firm."
  • KPMG LLP is the independent U.S. member firm of KPMG International Cooperative ("KPMG International").