COLOMBO: KPMG Sri Lanka, a member firm of the KPMG network of independent member firms, announced the appointment of Ms. Rifka Ziyard as a Principal of the Firm with effect from 01 January 2023.
Rifka counts over 11 years of experience in both direct tax and indirect tax. Her experience includes providing assitance in relation to structuring new foreign business ventrures in Sri lanka,and advising on the best tax efficent method to incorporate a business entity in Sri Lanka within the Tax Framework.
She has vast experience in banking, manufacturing, plantation, hospitality industry etc. She has also led many high profile assignments performing the advisor role on inbound/outbound investments, PE analysis, structuring, funding modality etc. She has experience in engagements relating to international taxation and double tax treaty. Rifka has also experience in dispute resolution with the Commissioner General of Inland Revenue and the Tax Appeals Commission.
In addition, Rifka specializes in Acquisitions and Mergers, International Taxation, Foreign Account Tax Compliance Act (FATCA), Common Reporting Standard (CRS), Trade & Customs, Appeal procedure with the Inland Revenue Department/Tax Appeals Commission and Islamic Finance
Currently, she is a Member of the CIMA Council where she was elected for a period of three years. She was the Chair of the CIMA Sri Lanka Network Panel in the year 2020 and was the Vice Chair in the year 2019. Rifka was nominated to CIMA MESANA Regional Advisory Panel for the year 2019/20.
Rifka holds a bachelor’s degree in Commerce and a Master’s in Business Administration from University of Colombo where she was awarded joint Gold Medal for Strategic Management. She is also a Fellow Member of The Chartered Institute of Management Accountants UK (FCMA), Chartered Global Management Accountant (CGMA) and a fellow member of the Institute of Taxation of Sri Lanka (FTII). She is an alumni of the International Visitor Leadership Programme (IVLP) and a lecturer in the subject of Taxation.