Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: KPMG LLP
Current Parent Company: KPMG
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $456,000,000
Year: 2005
Date: August 29, 2005
Offense Group: financial offenses
Primary Offense: tax violations
Mega-Scandal: Assisting Tax Evasion
Violation Description: KPMG LLP admitted to criminal wrongdoing and agreed to pay $456 million in fines, restitution, and penalties to settle charges relating to the design, marketing, and implementation of fraudulent tax shelters.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Tax Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: Netherlands
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: business services
Specific Industry of Current Parent: accounting services
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.