Tomás Machado

Partner, Head of Tax

KPMG in The Bahamas

Tomás is a Tax Partner in the KPMG Islands Group, and the functional Head of Tax in The Bahamas, having previously worked for KPMG offices in Europe and the Crown Dependencies. Tomás is responsible for a significant portfolio of domestic and international tax advisory clients, including Governments, Real Estate & Tourism Groups, Banks & Financial Services Groups and (U)HNWI. Over the last few years, Tomás has held various roles in industry and Government working groups, including the Bahamas Government Working Group on Pillar 2. Tomás is currently a member of the Board of Directors of the Bahamas Financial Services Board, where he also chairs the Advocacy Committee, including the tax working group.

 Experience

  • Tomás has significant experience in international tax strategy and planning, as well as managing the tax traits of cross-border transactions and corporate reorganisations regarding investments in various parts of the world, having advised on inbound and outbound investment projects in the real estate, tourism, financial services, oil and gas, media, energy, and other sectors.
  • Tomás has significant experience in advising private sector organizations on tax disputes, having advised on multi-million dollar disputes in several jurisdictions, including The Bahamas.
  • Tomás has advised Governments on the de-listing process from the EU list of non-cooperative jurisdictions for tax purposes; CRS Peer Reviews; transformation of tax administrations; Pillar Two policy; corporate income tax; high value residency regimes; amongst others.
  • Tomás is a regular speaker at various forums on domestic and international tax matters.
  • Banking
  • Consumer Products
  • Financial Services
  • Food, Drink and Consumer Goods
  • Government and Public Sector
  • Healthcare
  • Hotels and Hospitality
  • Infrastructure
  • Insurance
  • Travel, Leisure, Tourism

  • Advanced Diploma in International Tax (Chartered Institute of Taxation)

  • Bachelor of Laws – Nova School of Law

  • Financial Accounting Course – Nova School of Business and Economics

  • International Tax Affiliate of the Chartered Institute of Taxation

  • Head of International Tax, KPMG Bahamas