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KPMG Europe Bolsters Relationship With Indian Partners

by Robert Lee, Tax-News.com, London

22 September 2008


KPMG Europe has announced this week that it has bolstered its current relationship with the Indian branch of the firm by seconding Amarjeet Singh, a tax partner in KPMG’s Indian practice.

Mr Singh will now join the New and Emerging Markets teams in the company's UK, Spanish, Swiss and German practices, providing advice to prospective European investors on the tax and regulatory regime in India, and similarly assisting Indian corporations exploring investment opportunities in Europe.

Commenting on the move, Singh explained:

“India is a huge investment opportunity for Europe. Europe is India's largest trading partner with just over 25% 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," he concluded.


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