April 2010: KPMG has ended its business relationships in Iran. (The New York Times, "Companies Feeling More Pressure to Cut Iran Ties," 4/24/10)
"Bayat Rayan, a subsidiary of KMPG, has been operating in Iran since 1955. They are the number one international accounting firm in Iran, according to the company. KPMG also provides accounting and auditing services to the United States federal government." From 2000-2009, the company was the recipient of $1.2 billion US federal funds. Their business in Iran is currently active. (The New York Times, "Profiting from Iran, and the US," 3/6/2010)
Iran is part of KPMG’s MESA (Middle East & South Asia) region. Iran’s country profile lists that there are 60 KPMG professionals in Iran (KPMG Website, “Countries in KPMG’s MESA region”). “Bayat Rayan” is the member firm of the KPMG network representing the company in the country (KPMG, “Iran: Taxation of International Executives,” 2008).
In 2008, KPMG produced a 21-page Iran specific-report, "Taxation of International Executives" (KPMG, “Iran: Taxation of International Executives,” 2008).
"In addition to its presence in UAE, KPMG is widely represented in the Middle East region and has offices in Bahrain, Qatar, Egypt, Kuwait, Lebanon, Jordan, Oman, Yemen, Saudi Arabia and Iran." (KPMG Release, “KPMG in the UAE announces the results of their business intelligence survey,” 12/17/08)
April 2010: KPMG has ended its business relationships in Iran. (The New York Times. "Companies Feeling More Pressure to Cut Iran Ties," 4/24/10)