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View all AlliancesHelping clients meet their business challenges begins with an in-depth understanding of the industries in which they work. That’s why KPMG LLP established its industry-driven structure. In fact, KPMG LLP was the first of the Big Four firms to organize itself along the same industry lines as clients.
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Learn moreWhat is culture? Culture is how we do things around here. It is the combination of a predominant mindset, actions (both big and small) that we all commit to every day, and the underlying processes, programs and systems supporting how work gets done.
Learn moreInteraction of U.S. dual consolidated loss (DCL) rules and the OECD Pillar Two rules may result in unintended consequences
The interaction of the U.S. dual consolidated loss (DCL) rules and the OECD Pillar Two rules, which have been enacted into law by several foreign countries, may result in unintended consequences, including inconsistent and uncertain financial reporting positions. The U.S. Treasury Department must make significant changes to the DCL rules to avoid such consequences.
Read an April 2024 report* prepared by KPMG LLP professionals: Recent DCL and Pillar 2 Guidance: Comments and Recommendations
* Reproduced with permission from Tax Management International Journal, 4/2/2024. Copyright @ 2024 by Bloomberg Industry Group, Inc. (800-372-1033) http://www.bloombergindustry.com
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