KPMG

KPMG

KPMG is a global professional services firm providing audit, tax and advisory services across 142 countries.

Lobbying Activity

Meeting with Luiza Bara (Head of Unit Secretariat-General) and Confederation of British Industry and

2 Dec 2025 · EU-UK Withdrawal Agreement – Regular engagement of the co-chairs of the Specialised Committee on the implementation of the Windsor Framework with Northern Ireland business stakeholders

Meeting with Sanna Laaksonen (Cabinet of Executive Vice-President Henna Virkkunen)

18 Nov 2025 · Defence and Security cooperation

Meeting with Willem Van Ierland (Head of Unit Climate Action)

28 Oct 2025 · Meeting on Ledger-Based Carbon Accounting

Meeting with Fernando Navarrete Rojas (Member of the European Parliament, Rapporteur)

17 Sept 2025 · EURO DIGITAL

Meeting with Felix Fernandez-Shaw (Director Directorate-General for International Partnerships) and

9 Jul 2025 · Shaping a new Team Europe approach towards LAC in order to increase the success rate of EU Railways industry on tenders on the region.

Meeting with Luiza Bara (Head of Unit Secretariat-General) and Confederation of British Industry and

5 Jun 2025 · EU-UK Withdrawal Agreement – Regular engagement of the co-chairs of the Specialised Committee on the implementation of the Windsor Framework. with Northern Ireland business stakeholders

Meeting with Hans Stausboll (Acting Director Directorate-General for International Partnerships) and

6 May 2025 · Shaping a new Team Europe approach towards Asia and Sub- Saharan Africa in order to develop rail projects in both regions while ensuring the competitiveness of the EU’s railways industry.

Meeting with Axel Voss (Member of the European Parliament, Rapporteur) and Google and

6 May 2025 · Copyright and generative AI

Meeting with Benjamin Angel (Director Taxation and Customs Union)

2 May 2025 · Pillar 2, Pillar 1 and DSTs DAC 10 - DAC 6

Meeting with Felix Fernandez-Shaw (Director Directorate-General for International Partnerships) and

1 Apr 2025 · Plenary Feedback round on previously held GGIA Working Group sessions of 9 different thematical groups regarding Latin America and the Caribbean (LAC).

Meeting with Felix Fernandez-Shaw (Director Directorate-General for International Partnerships) and

31 Mar 2025 · Shaping a new Team Europe approach towards LAC in order to increase the success rate of EU Railways industry on tenders on the region.

Meeting with Damir Hajduk (Head of Unit Internal Market, Industry, Entrepreneurship and SMEs)

27 Mar 2025 · Presentation of KPMG services

Meeting with Magda Kopczynska (Director-General Mobility and Transport) and Airbus and

24 Mar 2025 · Exchange of views with EU aviation and land transport industry on key policy developments in Singapore and ASEAN

Meeting with Sven Gentner (Head of Unit Financial Stability, Financial Services and Capital Markets Union) and PwCIL and FAR AB

17 Mar 2025 · CSRD assurance and possible audit reform

Meeting with Billy Kelleher (Member of the European Parliament)

27 Jan 2025 · Anti-money Laundering

Meeting with Benoit Mesnard (Head of Unit Financial Stability, Financial Services and Capital Markets Union)

15 Jan 2025 · Non Performing Loans Markets

Meeting with Andrea Wechsler (Member of the European Parliament) and European Association of Research and Technology Organisations and

11 Dec 2024 · EU Energy and industry policy

Meeting with Eszter Lakos (Member of the European Parliament)

13 Nov 2024 · Battery industry - Lunch hosted by CBI and KPMG

KPMG urges tax exemptions to prevent double taxation risks

11 Sept 2024
Message — KPMG recommends ATAD is amended to exempt Pillar Two groups from CFC regimes. They also suggest revisiting the deductibility threshold to better reflect the current economic environment.12
Why — These changes would significantly lower compliance costs and tax expenses for multinational corporations.34

Response to Public country-by-country on corporate - template and electronic format

2 Sept 2024

KPMG member firms in the European Union are pleased to provide comments on the European Commissions public consultation Tax paid by multinationals template and electronic formats for country by country reports (the Consultation) on the reporting formats to be used for presenting the information required under the EU Public Country-by-Country (CbyC) Reporting Directive. Our submission includes specific considerations regarding the draft Implementing Regulation (Chapter 1 of the submission) and comments on several open questions related to the reporting requirement that are not solved by the current draft Regulation and related Annexes, on which we would welcome further guidance (Chapter 2 of the submission). KPMG appreciates the opportunity to contribute to the EU public consultation and would welcome the opportunity to engage further regarding any of the issues raised or to address any questions.
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Response to Evaluation of Administrative Cooperation in Direct Taxation

30 Jul 2024

KPMG member firms in the EU are pleased to provide comments on the European Commissions (EC) public consultation Administrative Cooperation on direct taxation evaluation (the Consultation) on the directive on administrative cooperation DAC (Council Directive 2011/16/EU of February 15, 2011 on administrative cooperation in the field of taxation). The comments in the attached letter will focus on the Council Directive (EU) 2018/822 of May 25, 2018, amending the Directive 2011/16/EU as regards mandatory automatic exchange of information in the field of taxation in relation to cross-border arrangements in order to disclose potentially aggressive tax planning arrangements (commonly referred to as DAC6). KPMG appreciates the opportunity to contribute to the EU public consultation and would welcome a continuous exchange. We reiterate our support for initiatives that result in a reduction of the administrative burden for taxpayers and tax administrations. At the same time, we highlight the need for further analysis to weigh the benefits that DAC6 offers for EU Member States against the risk of placing the EU internal market at a significant competitive disadvantage internationally due to the complexity of and compliance costs connected to tax reporting obligations within the EU. We believe that efforts should continue to be made to simplify tax systems and reduce the related administrative burden within the EU, wherever possible. In this context, we also encourage the EC to assess the effectiveness, efficiency, and ongoing relevance of the recently adopted amendments to the DAC, which have not been part of the current evaluation (i.e., DAC7 and DAC8).
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Meeting with Judit Rozsa (Acting Director-General Structural Reform Support)

24 Jul 2024 · Discussion in the context of the strategic reflection process promoted by the Agency for Development and Cohesion.

Meeting with Bart Groothuis (Member of the European Parliament)

18 Jul 2024 · Cybersecurity

Response to Business in Europe: Framework for Income Taxation (BEFIT)

24 Jan 2024

KPMG member firms in the European Union are pleased to provide comments on the European Commissions public consultation Business in Europe: Framework for Income Taxation (BEFIT) (the Consultation) on a common corporate tax system in the EU. KPMG welcomes the ECs ambition to simplify compliance requirements, promote tax certainty and reduce risks of double taxation. However, we have concerns that implementation of the BEFIT proposal in its current form and within the timeline proposed by the European Commission would not contribute to the achievement of this ambition. Our key concerns are summarized in the attached letter. KPMG stands ready to elaborate on the above and discuss the topic at any future occasion with more detailed and targeted comments.
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Response to Business in Europe: Framework for Income Taxation (BEFIT)

27 Dec 2023

KPMG member firms in the European Union are pleased to provide in the attached document our comments on the European Commissions proposal for a Directive on Transfer Pricing. KPMG will share comments on the BEFIT proposal separately.
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Meeting with Axel Voss (Member of the European Parliament, Shadow rapporteur)

29 Sept 2023 · AI Act

Meeting with Gwendoline Delbos-Corfield (Member of the European Parliament) and Federation of Small Businesses and Logistics UK

13 Apr 2023 · EU-UK relations & Northern Ireland

KPMG Urges EU to Delay BEFIT Corporate Tax Reform

26 Jan 2023
Message — The organization suggests postponing the proposal until other international tax reforms are fully operational. They also recommend making the new system optional for businesses rather than mandatory.12
Why — A delay prevents immediate administrative burdens and complex compliance costs for their multinational clients.3
Impact — Smaller economies with many service-based firms risk losing significant local tax revenue.45

KPMG urges research before new EU rules on tax advisors

11 Oct 2022
Message — KPMG requests comprehensive research on existing rules' impact before introducing new requirements. They advocate for targeted measures against the minority of intermediaries engaging in unacceptable behavior, avoiding additional burdens on compliant advisors. KPMG supports addressing aggressive tax planning but stresses that legal certainty and proportionality must guide any initiative.123
Why — This would allow KPMG to avoid stricter compliance requirements and maintain flexibility in advisory services.45
Impact — Tax authorities lose stronger tools to identify and prevent aggressive tax planning schemes.67

KPMG warns EU debt-equity bias proposal risks administrative overreach

29 Jul 2022
Message — The organization requests the equity allowance be optional for taxpayers to balance administrative costs against benefits. They also urge the removal of the new interest limitation rule, suggesting it makes the initiative impracticable.12
Why — These changes would lower compliance costs and help firms avoid new penalties on existing debt financing.34
Impact — Member State tax authorities may face higher administrative burdens and complex auditing challenges.56

Meeting with Lukas Visek (Cabinet of Executive Vice-President Frans Timmermans)

13 Jun 2022 · The transition towards sustainable food systems

KPMG Urges EU to Delay New Shell Entity Tax Rules

5 Apr 2022
Message — KPMG recommends a period of monitoring existing anti-abuse measures before introducing new rules. They argue for safeguarding proportionality while reducing the administrative burden and reporting requirements for taxpayers. The firm also seeks more clarity regarding definitions and implementation to ensure legal certainty.123
Why — This would help clients avoid the high costs of modifying complex corporate structures.45
Impact — The public and tax authorities lose tools to stop revenue loss from shell companies.67

Response to Minimum level of taxation for large multinational groups

7 Mar 2022

KPMG member firms in the EU are pleased to provide comments in the attached document on the European Commission’s proposal for a Council Directive on ensuring a global minimum level of taxation for large multinational groups in the Union. KPMG supports the EC’s efforts in ensuring a harmonized implementation in the EU of the OECD GloBE Model Rules under Pillar Two, while safeguarding compliance with EU law. We believe that the proposed Directive is a strong first attempt at achieving these aims. We have highlighted a number of areas where we believe additional clarifications and alignment with the OECD Model Rules and related upcoming Commentary could contribute to the functioning of the Directive and a consistent implementation across the EU, while enhancing legal certainty for taxpayers. We trust that our comments will assist the European Commission in bringing clarity, legal certainty and alignment with the international consensus and are ready to elaborate on our contribution and discuss this topic at any future occasion.
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Response to Carbon Border Adjustment Mechanism

17 Nov 2021

Please see attached KPMG's comments on the proposed regulation on a carbon border adjustment mechanism.
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Response to New EU system for the avoidance of double taxation in the field of withholding taxes

26 Oct 2021

KPMG member firms in the EU are pleased to provide our comments in the attached document on the European Commission’s Roadmap consultation “Withholding taxes – new EU system to avoid double taxation”.
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Meeting with Axel Voss (Member of the European Parliament)

7 Oct 2021 · Artificial Intelligence

Response to Business taxation for the 21st century

1 Apr 2021

Please see attached the response by KPMG member firms in the EU to the EC's Communication on business taxation for the 21st Century.
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Response to Digital Levy

11 Feb 2021

KPMG member firms in the EU are pleased to provide our comments in the attached document on the European Commission’s roadmap for a proposal for an EU directive aimed at introducing a digital tax.
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Response to Strengthening existing rules and expanding exchange of information framework in the field of taxation (DAC8)

21 Dec 2020

Please see attached for full note KPMG member firms in the EU (“we”) are pleased to provide comments on the European Commission’s (EC’s) recent Inception Impact Assessment (Ref. Ares(2020)7030524 - 23/11/2020) initiated to explore the possibility of amendment of the Council Directive 2011/16/EU. We understand that the purpose of this amendment to the Directive is to monitor the assessment to tax of income derived from the holding and transfer of crypto-assets, as well as of e-money, in order to reduce tax evasion, while striving to alleviate the compliance burdens related to reporting and exchange of information. There is an increasing proliferation of crypto-assets as an acceptable means of commercial exchange as well as an investment, and this is giving rise to interest in regulation across jurisdictions, including at institutional level by the OECD. We agree that including crypto-currencies within the Directive is an appropriate initial step which may lead to including them within existing and new financial regulations. However, as this is a dynamic area, we submit that the principles of subsidiarity and proportionality should be the drivers when scoping out the Directive amendments. We believe it is of vital importance that this objective is balanced with the need for the EU to remain an attractive avenue for business, which in turn would reap greater revenues, thus addressing investor and business compliance concerns. We recommend a clear definition of crypto-assets be included in the Directive, including a distinction among the diverse types of crypto-assets. This should facilitate certainty, consistency and uniformity across the EU. Differentiation of various classes of assets based on their utilization, technological design and core characteristics could enable the targeting and limitation of the scope of exchange of information based on their different risk profiles. This could help ensure that the proposed expansion and implementation of the Directive is simplified and targeted to meet the desired objectives, without undue burden on low-risk investments and transactions. To this point, we believe that a thorough initial risk assessment should assist the determination whether e-money and stablecoins should, at the outset, feature in this amendment. We recommend also that crypto-assets are defined bearing in mind technological processes and advancements, with the intention of ensuring that any legislative or regulatory intervention is dynamic, and remains pertinent to emerging technologies as they evolve. This requirement for precise scoping is also relevant for determining which intermediaries would be tasked with reporting, and whether the taxpayer should have the ultimate reporting liability in cases where no intermediaries are involved. It would be essential for effectiveness that the underlying technological processes and the roles of the various service providers are clearly identified and defined. To ensure such analysis is effected, we believe that detailed consultation with relevant service providers and the business community should be undertaken. Further, we would recommend that any action is aligned with ongoing work being undertaken by the OECD and the FATF on the regulation of cryptocurrencies. In keeping with the General Data Protection Regulation (EU) 2016/679 (‘GDPR’), the nature of the reportable information should not exceed what is necessary to achieve the objectives of the Directive amendment. Such limitation on the data to be reported, in line with existing guidance under the GDPR would also assist tax administrations in managing the data received and in exchanging said data, where necessary. Last but not least, we believe that an assessment of the resources available to tax administrations in the Member States should inform the Commission of the current and expected capacity. This is important when formulating timelines, particularly for the introduction of exchange of information obligations
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Response to Updating the EU Emissions Trading System

26 Nov 2020

Please see attached pdf document
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Meeting with Mario Nava (Director-General Structural Reform Support) and Ernst & Young Core Business Services BV and Deloitte Tax Consulting

21 Oct 2020 · Annual meeting with the framework contractors

Meeting with Marco Valletta (Cabinet of Commissioner Vytenis Andriukaitis) and Europartners.

15 May 2019 · The future CE, the EC prospects in the food & health field, as well as on issues concerning the health and food safety portfolios

Meeting with Günther Oettinger (Commissioner)

17 Feb 2017 · migration

Meeting with Stephen Quest (Director-General Taxation and Customs Union)

14 Dec 2016 · Exchange of views on EU tax policy

Meeting with Maria Elena Scoppio (Cabinet of Commissioner Pierre Moscovici)

14 Dec 2016 · Indirect taxation agenda for next year

Meeting with Shane Sutherland (Cabinet of Commissioner Phil Hogan)

7 Dec 2016 · Professional Qualifications

Meeting with Matthias Ruete (Director-General Migration and Home Affairs)

5 Jul 2016 · Migration Policy

Meeting with Sebastian Kuck (Cabinet of Commissioner Jonathan Hill)

8 Jun 2016 · Audit

Meeting with Gertrud Ingestad (Director-General Informatics)

10 May 2016 · Big data for EU institutions, Digital transformations in Public administrations – ISA2

Meeting with Sebastian Kuck (Cabinet of Commissioner Jonathan Hill)

27 Jan 2016 · Application of transitional periods in the Audit Regulation, Cooperation between auditors and the ECB

Meeting with Miguel Arias Cañete (Commissioner)

29 Oct 2015 · organised by KMPG Spain - Energy Union and Paris COP21

Meeting with Günther Oettinger (Commissioner)

30 Jun 2015 · Digital Agenda

Meeting with Edward Bannerman (Cabinet of Vice-President Jyrki Katainen)

26 Jun 2015 · Investment plan

Meeting with Nathalie De Basaldua Lemarchand (Cabinet of Commissioner Jonathan Hill)

19 Jan 2015 · Presentation of study on the impact of legislation

Meeting with Sebastian Kuck (Cabinet of Commissioner Jonathan Hill)

3 Dec 2014 · Audit Regulation (537/2014)