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Financial Services Tech Industry Leader Joins KPMG as Tax Principal

May 14, 2018, 08:00 AM
Related: KPMG

Cyrus Daftary has joined KPMG LLP, the audit, tax and advisory firm, as a principal in the Information Reporting and Withholding (IRW) Tax practice – a part of the Financial Services Global Banking practice.

Prior to joining KPMG, Daftary was CEO and co-founder of Compliance Technologies International LLC (CTI), a technology firm specializing in U.S. tax withholding and information return reporting rules. Previously, he was a partner in the international law firm of Burt, Staples & Maner, LLP, providing tax advice to multinational corporations and financial institutions. Earlier in his career, Daftary was a tax partner and practice leader at PricewaterhouseCoopers.

“We’re thrilled to have Cyrus join our firm,” said Jeffrey C. LeSage, Americas Vice Chairman – Tax. “In addition to helping grow our IRW Center of Excellence, his extensive background and reputation for leadership and innovation in the technology sector will add great value as he works closely with our market-leading KPMG Ignition teams for tax.”

“KPMG is a natural fit for my skillset and provides an excellent platform to help me further my career,” Daftary said. “The firm’s tax business has seen incredible growth in the past few years and is making significant advances in intelligent automation and cognitive technologies as it helps companies innovate and navigate their digital transformation journeys. I’m looking forward to contributing to that progress and working with this impressive team of tax and technology professionals.”

Daftary is a frequent speaker at tax and financial services industry events and a regular commentator on developments in financial services and technology. He has also ser ved as an adjunct professor at Suffolk University Law School (Boston, Mass.). Daftary holds an LL.M. degree in corporate tax from Temple University, a J.D. degree from the University of Dayton School of Law and a B.S. degree from Indiana University.

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