Stephen Banfield

Tax Partner –Asset Management (Tax)



Stephen joined KPMG Singapore as a Tax Partner in 2021. He has over 19 years of tax advisory experience and has spent more than half of his career in Singapore. Stephen began his career with a leading Australian law firm where he principally assisted on financial services clients. This includes financing transactions such as sale and leasebacks, structured finance and capital raisings. He has worked in the United Kingdom for a Magic Circle law firm and also in Papua New Guinea. The diversity of Stephen’s experience means that he has advised across a range of industries and has a deep appreciation of principles of international taxation. He has developed particular expertise in the asset management and private client space which has been the focus of his practice in Singapore. Stephen regularly advises UHNW clients on the design and implementation of wealth planning structures including the use of single family offices. He provides Singapore and international tax advice to institutional asset managers on fund formation and investment structuring projects.

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