In challenging market conditions, investors are being far more discriminating about where they invest their capital. Hence it is essential to ensure the tax efficiency of fund structures to maximise investment returns, as well as to be able to demonstrate the highest levels of tax risk management are being maintained.
Tax authorities around the world are becoming more aggressive in seeking to use the ever increasing and changing body of tax legislation at their disposal to maximise tax revenues, so fund structures, their investors, and the principal individuals who manage and advise these structures need to exercise vigilance in order to ensure that they don't leave themselves vulnerable to such challenges.
Funds provide a core focus of KPMG's tax advisory and compliance service in the Channel Islands, and we are in the perfect position both to keep our clients up to date with the latest developments in the rapidly evolving field of tax legislation and to assist them with handling the resulting tax compliance burden. We provide relevant, practical, comprehensive and clearly understandable advice which highlights the specific issues relevant to our clients' circumstances. Our tax professionals have experience of a wide range of international and cross border tax issues which affect funds operating in all markets, and are used to working in partnership with other service providers and as part of KPMG's international network to provide the highest levels of client service.
KPMG's tax services for funds cover a wide range of activities such as advice on the initial structuring of funds and how to manage tax residence and permanent establishment issues, providing guidance on how to make tax efficient investments into many different jurisdiction, advising on how to interpret and react to tax legislation from all over the world, preparing tax reporting for fund investors, obtaining clearances or ruling from tax authorities on behalf of funds, and handling any tax compliance obligations.