KPMG Week in Tax—published weekly to provide an overview of tax developments as reported in TaxNewsFlash—includes summaries of select tax-related news followed by a full list of reports (more information can be found at the links provided).
- Mexico: The proposed 2026 Economic Package introduces indirect tax reforms targeting digital platforms, including expanded value added tax (VAT) and income tax withholding for B2B transactions, higher excise taxes on online betting and explicit video games, and new real-time data access and transaction substantiation requirements for platforms. The measures are under legislative review until October 31, 2025. Read TaxNewsFlash
- Netherlands: Guidance from the Dutch tax authorities provides important clarifications on the application of the minimum tax rules (Pillar Two / global anti-base erosion (GloBE)) in the Netherlands. The document—published in question and answer (Q&A) format—is intended to offer taxpayers practical guidance for implementing this complex legislation. Read TaxNewsFlash
- United States: The U.S. Tax Court held that for section 199A qualified business income deductions, “W-2 wages” do not include wages disallowed under section 280E, upholding the IRS’s interpretation and reducing allowable deductions for businesses subject to 280E. This decision clarifies that only deductible wages count toward the 199A calculation. Read TaxNewsFlash