KPMG in the Channel Islands has enhanced its capibilities with the addition of a senior manager to its tax team.

Chris Willemse has over 25 years experience working in the tax industry and over ten years experience working within the global network of KPMG. Mr Willemse joins the team in Guernsey from KPMG in the Cayman Islands. He specialises in US tax compliance and advisory services and will lead KPMG in the Channel Islands’ US tax services group.

At KPMG in the Cayman Islands Mr Willemse was responsible for a significant portfolio of private equity and hedge fund clientele across asset classes and assisted them with their annual reporting and technical queries. He also played an important role in business development, regularly discussing US reporting requirements with prospective and current clients, and assisted with structuring issues associated with US tax compliance. Mr Willemse also provided tax research services to clients including advice on the implementation and responsibilities under the Foreign Account Tax Compliance Act (FATCA) and the Common Reporting Standard (CRS).

The addition of Mr Willemse to KPMG in the Channel Islands’ tax team provides a significant resource and will provide clients with an available local resource for their US tax questions and concerns. By adding an individual with his knowledge and experience, KPMG in the Channel Islands continues to expand its offering of US tax compliance and advisory services locally.

Mr Willemse will build on the already diverse and talented tax team in Guernsey. His wealth of knowledge and experience related to US tax and regulatory reporting regimes will support the Channel Islands’ reputation as a leading international finance centre. In particular, Mr Willemse will provide expert guidance to clients affected by FATCA and CRS. He will be responsible for the development of staff and individuals in the US tax group, scheduling workloads and client allocation, and ensuring client and filing deadlines are met. Mr Willemse will also have a significant role implementing investor reporting and tax return requirements.

Tony Mancini, Tax Partner at KPMG in Channel Islands, says:

‘Our clients are attracting investors and clients from all around the world, very many of whom have US reporting obligations. Further, many are seeing opportunities to invest into the US. At KPMG, we need to help our clients address tax challenges, wherever they arise. We are all delighted to welcome Chris to the team. His extensive skill set will be invaluable to all our clients operating in the global environment. He will be key in guiding the team and setting the standard for tax compliance in the Channel Islands.’