KPMG has hired Deanna Flores as national tax industry leader for registered funds and investment advisors.
In her new role, Flores will head the KPMG initiative related to cost basis reporting as well as co-lead the KPMG US initiative related to the Foreign Account Tax Compliance Act (FATCA) for investment funds and asset managers.
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Flores has joined KPMG in 2008. Prior to joining KPMG, Flores served as in-house general tax counsel to a global top-10 asset manager, where she developed understanding on legislative and regulatory processes impacting Investment Management clients.
Flores has more than two decades of experience in tax matters, including the US and non US investment alternatives, domestic and cross-border financial products issues, and investor opportunities.
Jim Suglia, national leader for investment management, KPMG, said: "Deanna has played a key role in helping our clients navigate through the rapidly changing regulatory environment over the past few years and with her expanded role, she will drive many of our tax initiatives for our investment management clients."
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