Indian Tax Partner Amarjeet Singh to bolster KPMG’s Anglo-Indian tax advice.

 In KPMG

Amarjeet Singh, a tax partner in KPMG’s Indian practice is to join the New and Emerging Markets teams in the UK, Spanish, Swiss and German practices of KPMG Europe LLP on two years’ secondment based at KPMG’s London office.

With over 16 years’ experience and extensive knowledge of the Indian tax and regulatory environment, as well as vast knowledge of real estate, retail and oil and gas, Amarjeet Singh is KPMG’s most senior international assignee ever from our Indian firm to member firms in Europe.

With over 16 years’ experience and extensive knowledge of the Indian tax and regulatory environment, as well as vast knowledge of real estate, retail and oil and gas, Amarjeet Singh is KPMG’s most senior international assignee ever from our Indian practice to Europe.

Amarjeet Singh will commence his secondment on 1 September.  He will provide advice to prospective European investors on the tax and regulatory regime in India and similarly assist Indian corporations exploring investment opportunities in Europe.

Sue Bonney, Head of Tax for KPMG Europe LLP commented:

“We are delighted that Amarjeet is coming to work with us here in Europe.  This is our most senior secondment ever from our Indian firm to Europe, demonstrating our commitment to the Anglo-Indian market and the level of opportunity we see there.  There is massive demand from European clients for quality advice on the tax and regulatory environment around investing in India and vice versa for Indian corporations looking at Europe and we look forward to benefiting from Amarjeet’s knowledge and expertise.

Amarjeet Singh said: “India is a huge investment opportunity for Europe.  Europe is India’s largest trading partner with just over 25 percent of our exports going to Europe and a similar percentage of our imports coming from there.

“And in terms of foreign direct investment, Europe as a whole is India’s largest contributor and in the last two years we have seen the number and scale of Indian outbound investment also dramatically increase.

“The tax and regulatory environment in India is quite challenging for a new investor.  Similarly, an Indian corporation planning a European investment, often finds European regulations and tax codes very different and complicated.”

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