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Cyrus Daftary

Principal, Information Reporting & Withholding Tax, KPMG US

New York
Image of Cyrus Daftary

Cyrus Daftary

Principal, Information Reporting & Withholding Tax

Cyrus Daftary is national operations leader for the KPMG Information Reporting & Withholding Tax Service practice as well as KPMG International's Automatic Exchange of Information Global Network. Cyrus advises a number of global financial institutions and multinational corporations about how to implement, manage, and monitor compliance obligations and systems with regard to United States’ withholding and reporting, Foreign Account Tax Compliance Act, and Common Reporting Standard requirements.

Prior to joining KPMG, Cyrus was co-founder and CEO of Markit | CTI, where he managed the consulting practice and designed and implemented client systems. Earlier in his career, he was a partner at Burt, Staples & Maner and also worked at another Big Four firm. Cyrus has served as a member and chairman of the IRS Electronic Tax Administration Advisory Committee. He has published and presented extensively in the areas of anti-money laundering, the European Savings Directive, international withholding and reporting, tax technology, and e-commerce topics.

Cyrus holds an LLM degree in corporate tax from Temple University, a JD degree from the University of Dayton School of Law, and a BS degree from Indiana University.

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