Corporate Tax

KPMG was the first firm to provide U.S. tax services in Bermuda. Our tax department is quite possibly the largest and most experienced tax services group in the world that is specifically dedicated to the offshore financial industry.

Our more than 20 professionals strive to deliver high quality service and ideas to our clients with proactive, knowledgeable and responsive answers. Many of us are CPAs with advanced Master’s degrees with professional and industry certifications.

We provide a variety of compliance, planning and advisory services to the very focused needs of the offshore (re)insurance companies, investment funds, international executives, trusts and estates. Catherine Sheridan-Moore, formerly a Tax Partner in the U.S. with KPMG LLP, who is recognized internationally for her experience in offshore taxation, leads our team.

Our tax services group currently has over 500 clients. We have built our business and our reputation by taking a sincere and personal interest in the welfare of our clients. We combine our experience, technology and enthusiasm to assist our clients in identifying and
achieving their goals.

KPMG’s tax practice in Bermuda provides a full range of advisory and
compliance services for a diverse group of international businesses and their owners and employees. Our experienced professionals have immediate access to legislative and regulatory developments
and participate in an international network of KPMG professionals sharing strategies and industry best practices for the benefit of our clients.

Insurance
Our insurance tax services group, has developed new and progressive programs that help enable us to enhance both the efficiency and effectiveness of the tax compliance process. We can prepare all
forms required by the Internal Revenue Service (IRS), as well as keep the client informed of tax payment and other compliance deadlines. We assist with the proper reporting of shareholder information and federal excise tax compliance. We provide advisory services related to all phases of a company, from program development, incorporation, mature business operations, transfer pricing, tax
minimization, tax deferral arrangements, reorganization and liquidation. Finally, should the need arise, we will represent
our clients before the IRS.

Investment Funds
KPMG’s tax services group serves a significant number of funds that are organized around the globe, including the U.S., Bermuda, Cayman, Dublin, Europe and the Far East. We aim to keep our clients
abreast of new issues and pending legislation that could affect the taxation of funds, their financial instruments and investors. We provide tax advice to new funds regarding structure, choice of
entity, assistance with drafting offering memorandums, investor allocations, deferral of incentive fees and compliance with withholding tax rules. We perform tax compliance and reporting services for international companies, partnerships, their officers, directors and shareholders.