Our principles for responsible tax practice are inspired by KPMG’s values and Global Code of Conduct, giving them meaningful relevance to the everyday situations we face as tax professionals.
- We conduct our activities lawfully and with integrity, and we expect the same from our people, our clients, tax authorities, and all other entities we engage with. Above all, our work must fully comply with all relevant legal, regulatory, and professional requirements.
- We are committed to providing our clients with high-quality tax advice tailored to their specific circumstances.
- We explain the technical merits and sustainability of our tax advice to clients in a clear and objective manner.
- Where relevant and subject to evaluation, we discuss with clients the potential impact of our tax advice on affected communities and stakeholders, as well as any reputational risks.
- We only make recommendations to our clients:
- If we believe, at least on the balance of probabilities, that the relevant interpretation of the law is correct, or
- If those recommendations are clearly aligned with applicable local professional standards.
- We advise clients, or assist them in executing, only those transactions or arrangements that have substance and pursue business, commercial, or other non-tax objectives, as recognized under corporate tax law and in compliance with tax regulations.
- We do not advise clients to undertake transactions aimed at securing a tax advantage that is clearly and unequivocally contrary to applicable legislation, nor do we assist in executing such transactions. If we consider the wording of the law to be ambiguous, we take into account the legislator’s intent when advising clients.
- We encourage the establishment of relationships with tax authorities that foster an environment of mutual trust and respect, promoting constructive dialogue, enhancing responsiveness, facilitating compliance, and reducing or swiftly resolving disputes.
- We fulfill all our disclosure obligations and advise our clients to do the same.
- When advising clients on transactions, we proceed on the assumption that tax authorities will be aware of all material facts.
