Rhys Penning

Rhys Penning

Partner - Indirect Tax

KPMG Lower Gulf

Rhys is a Partner with the Indirect Tax team at KPMG Lower Gulf, based in Dubai. He draws on more than 20 years of professional services experience in both legal and chartered accounting environments to deliver outcomes that are both commercially and technically rigorous. Rhys has expertise in the GST aspects of real estate and property matters, as well as M&A transactions and financial arrangements. Rhys firmly believes that the role of a GST advisor in a commercial transaction is to provide advice and recommendations, ensuring GST risks and opportunities are properly identified, quantified and negotiated. In this manner, a given transaction can proceed with an understood level of certainty as to the likely GST outcomes for all parties. When it comes to matters of GST compliance and procedures, he draws on the strength of KPMG Lower Gulf’s experience and technology solutions, including advanced data analytics, to ensure that clients meet obligations and maximize opportunities. Rhys was an active member of the GST sub-committees of the Property Council of Australia and the Retirement Living Council and have written and presented many papers on GST matters at various academic, professional and industry gatherings.

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Education and qualifications
  • Bachelor or Economics & law (University of Tasmania)

  • Master of Laws (University of Melbourne)

  • Bachelor & Solicitor of the Supreme Court of Victoria

  • Australian Lawyer of the High Court of Australia and Federal Court of Australia

  • Fellow of the Taxation Institute of Australia

Areas of expertise
  • VAT

  • Indirect Tax

  • Financial Services

  • Property, real estate and construction

  • M&A