KPMG boosts transfer pricing and tax teams with Jigna Sampath

15 September 2023 1 min. read
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KPMG has recruited Jigna Sampath from banking giant HSBC as a Senior Director focused on tax and transfer pricing services.

Based out of KPMG’s Riyadh office, Jigna Sampath expands the firm’s expertise in transfer pricing – a field that stipulates how enterprises transfer assets and close transactions within their own ranks.

Her appointment comes at a time of significant change in the Kingdom’s transfer pricing laws. Overseen by the Zakat, Tax, and Customs Authority (ZATCA), Saudi Arabia is making major strides in aligning its tax regime with the international community. A trusted advisor to many enterprises in the country, KPMG is helping its clients understand and implement changes.

KPMG boosts transfer pricing and tax teams with Jigna Sampath

Sampath brings over a dozen years in tax and transfer pricing to her role. Most recently, she served as Regional Head of Transfer Pricing at HSBC in Dubai. Before that, she spent eight years at Big Four firms in the UAE, the UK, and US.

Throughout her career, she has overseen regional transfer pricing engagements and developed risk management frameworks for transfer pricing and tax. Additionally, she has provided advisory services on financial transactions to multinational clients across industries, and managed the preparation of multi-jurisdictional deliverables for strategic transfer pricing planning in tax optimization and structuring projects.

In a dual role, Sampath will also help KPMG build out its tax offerings for the financial sector, leveraging her banking sector know-how.

Tareq AlSunaid Head of Tax at KPMG in Saudi Arabia, commented: “I firmly believe Jigna’s expertise and accomplishments will bring significant value to our transfer pricing practice and our services for the financial sector.”

Jigna Sampath holds a PhD and Master in Economics, and also has experience in teaching Economics at the university level.