US Tax Practice in Asia Pacific (ASPAC)

Supports multinational enterprises in navigating the ever changing US tax landscape

Our team:

KPMG’s US Tax Practice in ASPAC supports multinational enterprises in navigating the ever changing US tax landscape.

Based in the offices of KPMG’s Singapore and China’s member firms, the US Tax Practice in ASPAC offers a wide range of leading US tax planning and operational tax, compliance and provision services for the ASPAC region. KPMG Singapore’s US Tax team together with KPMG China’s US Corporate Tax team based in Hong Kong, form the KPMG ASPAC’s US Tax Practice.

Our US Tax team in ASPAC is led by Daniel Joe, US Tax Partner at KPMG in Singapore and member of the Washington National Tax practice (WNT). The US Tax team in China is led by Wade Wagatsuma, Head of US Corporate Tax, Hong Kong and a senior member of KPMG US’s International Tax practice.

Having a permanent and locally-based ASPAC team ensures consistency and continuity in service through long-term professional relationships with clients and other KPMG member firms. This highlights KPMG’s commitment to serving our ASPAC clients on US tax matters.

Our Approach:
KPMG ASPAC’s US Corporate Tax Practice focuses on US – Asia Pacific cross-border tax issues, which are supported by the KPMG US tax network, WNT practice, and other global KPMG member firms to provide a consistent and coordinated delivery model. We are focused on adding value in a tax-efficient manner according to our client’s needs (including major multinational companies, financial institutions, funds, and investors with US operations or investments). This close collaboration with respective teams provides optimal tax solutions and services to global clients within the same time zone.

How we can help:
The US Tax Practice in ASPAC can assist multinational business with tax services in the following core areas:

Inbound Investments into the U.S.	Structuring various types of investments, including equity, debt, alternative investments (including real estate) , and financial products Advice in respect of U.S. permanent establishments and U.S. trade or business issues. U.S. Tax treaty eligibility, interpretation, and analysis State and local tax consequences FIRPTA issues and requirements
Inbound Investments into the U.S. Fund and alternative investments	Hedge funds, private equity (PE) funds, real estate funds, and infrastructure funds Topside fund formation and structuring Financing portfolio investments and dispositions Compliance requirement support
Mergers and Acquisitions	Diligence, structuring, and financing cross-border acquisitions, financings, dispositions, and divestures
Outbound investment from the U.S.	General U.S. international tax planning for CFCs, PFIC, foreign tax credits, and related transactions
Tax-Exempt investors into the U.S.	Advice to pension funds, sovereign wealth funds, and other tax-exempt investors on the unique challenges and opportunities of investing into or out of the U.S.
Global Compliance Management Services	Providing a coordinated and consistent solution to US based multinationals with compliance obligations in Asia Pacific (direct tax, indirect tax, statutory reporting, etc.) Enhancing governance and visibility over the compliance process for our US based multinationals through our project management services (PMO) and enabling technology.

Ranked Tier 1 Firm in Singapore – World Tax, World Transfer Pricing and Tax Transactional 2018, International Tax Review
National Transfer Pricing Firm of the Year & National Disputes & Litigation Firm of the Year – Asia Tax Awards 2018, International Tax Review
Asia Tax Firm of the Year – Asia Tax Awards 2017 & 2018, International Tax Review
Best Advisor in Real Estate Tax Globally – Real Estate Awards 2017, EuroMoney