Banks and their clients face numerous international compliance requirements. KPMG Switzerland offers a successful tax compliance technology called "Multishore Tax Reporting" (MTR).

KPMG’s tax reporting software is developed in-house, which makes it extremely agile. This is an advantage in today’s dynamic world, where regulations change frequently. Additionally, we are ensuring tax compliance leveraging KPMG’s global tax network. This makes for a powerful combination. Amongst other services, KPMG’s experienced and international team in Zurich produces high-quality tax reports with MTR. The tax reports are used by clients for their tax returns in their country of residence.

We serve some of the largest global private banks, cantonal banks as well as online banks by constantly offering new, efficient ways to support their clients’ need.

We currently support financial institutions in 6 countries:

MTR represent who we are: agile, efficient, high-performing and ready to redefine the future of tax reporting.

Multishore Tax Reporting in countries

> 1 Mio

reports produced per year

22

countries covered

4-5

new country modules per year


The MTR Ecosystem

ONE data feed – ONE process – SEVERAL services

MTR is much more than a tax report. Using our innovative solution, based on one data delivery and one end-to-end process for all MTR functionalities, our customers can benefit from additional services which are of importance and helpful to the bank clients:

  • a simulation feature that allows you to view your tax position at any time (especially before years end, as well as before an investment)
  • Withholding Tax Reclaim service
  • special reporting types (Crypto, CRS & FATCA)
  • eTax Reports for Switzerland
  • eTax Reports for German business clients and many more.

The MTR Ecosystem

Click on the image to enlarge it


Covered countries

MTR offers tax reports for the countries where your clients are domiciled. We are constantly expanding our coverage and it currently takes us only 3-4 months to add a new country module and can add up to 5 per year. Today, KPMG provides tax reporting services on a global scale. Countries served:

1.    Argentina
2.    Austria
3.    Belgium
4.    Brazil
5.    Canada*
6.    Denmark
7.    Finland

8.     France
9.     Germany
10.    Greece
11.    Indonesia
12.    Israel
13.    Italy
14.    Mexico

15.   Netherlands
16.    Portugal
17.    South Africa 
18.    Spain
19.    Switzerland
20.    Turkey
21.    United Kingdom

Furthermore, we also provide Generic Plus Reports in five languages and several currencies.

*Semi-automated processing offered



Your benefits

There are numerous advantages when using KPMG’s Multishore Tax Reporting, not least the fact that KPMG has branches in practically every country around the globe:

MTR benefits: only provider

Only provider

One provider for various services with a unique in-house team combining software development and tax law.

MTR benefits: high quality

High quality

High-quality tax reports according to current tax law for numerous countries, ensuring yearly country module updates.

MTR benefits: customer satisfaction

Customer satisfaction

Our qualified and experienced experts in international tax law ensure a very high customer satisfaction level.

MTR benefits: additional services

Additional services

Access to additional services and country-specific tax know-how for your customers.