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Mikhail Klementiev

Partner, Head of the Financial Services Tax group, Tax & Legal

KPMG in Russia

Mikhail has been working with KPMG in Moscow since 1998. He specializes in the analysis of tax compliance issues for major Russian and international clients, the provision of consulting services on tax and monetary law issues and the development and implementation of tax accounting systems. Mikhail's main areas of specialization are: guiding major tax compliance and structuring projects, coordinating tax reviews of major Russian and international banks, insurance companies and leasing entities, devising on the applicability of Russian legislation, including that related to tax, currency, customs and other regimes and tax due diligence projects.

In the Media

2019

Comments for RBC on removing the need for a separate broker company if a bank has a brokerage license.

Comments for RBC on a CBR proposal to transfer salaries by telephone number rather than bank account details.

2018

Comments for RBC on approving a draft law on the regulation of digital platforms.

Comments for Kommersant Dengi on the growth of Islamic financing in Russia.

Comments for Forbes on the effect that the 2008 financial crisis and sanctions had on Russian investment banking.

Comments for Vedomosti on a provision stating that banks are to determine the tax status of clients and gather information on their operations.

Comments for RBC on the potential consequences of higher taxes on cryptocurrencies.

Comments for Vedomosti on the outlook for the TPL (OSAGO) insurance market.

Areas of expertise

Banking Corporate Tax Financial Services Mergers and Acquisitions Tax Tax Compliance Tax Due Diligence
Mikhail Klementiev

Education and qualifications

  • Moscow State Institute of International Relations (MGIMO)

  • PhD in Economics

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