KPMG debuts ambitious tax practice for US expats in UK and Europe

International accountancy firm KPMG has announced plans to launch a new tax practice in London aimed US expatriates in the UK and across Europe in the wake of US tax reforms. It will focus on advising high-net-worth and ultra-high-net-worth individuals and families with US tax obligations. Greg Limb, KPMG UK partner and global head of KPMG's family office and private client practice, said that there has never been a "greater need" for tax guidance for the UK's American community, as President Biden is introducing "significant changes" to the US tax system. The plan proposes reform...