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KPMG has market-leading alliances with many of the world's leading software and services vendors.
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.
We bring together passionate problem-solvers, innovative technologies, and full-service capabilities to create opportunity with every insight.
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 moreCompetent authorities agree that Article 20 (investment or holding companies) is not applicable to regulated investment companies
The IRS today issued Announcement 2024-42 to notify taxpayers that the competent authorities of the United States and Norway entered a competent authority arrangement (CAA) under paragraph 2 of Article 27 (mutual agreement procedure (MAP)) of the U.S.-Norway income tax treaty, in which the competent authorities confirm that Article 20 (investment or holding companies) is not applicable to a U.S. investment company that qualifies as a regulated investment company (RIC) pursuant to sections 851 and 852.
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