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).
- Bermuda: A new tax form requests information related to the computation of corporate income tax installments for Bermuda constituent entity groups. For many such groups, the due date for the first Form 001 submissions will be February 2, 2026. Read TaxNewsFlash
- OECD: Updated transfer pricing country profiles for eight jurisdictions (Bosnia and Herzegovina, Brazil, Costa Rica, Croatia, Greece, Iceland, Korea, Norway) focus on each countries' domestic legislation regarding key transfer pricing principles, including the arm's length principle, transfer pricing methods, comparability analysis, intangible property, intra-group services, cost contribution agreements, transfer pricing documentation, administrative approaches to avoiding and resolving disputes, safe harbours, and other implementation measures. Read TaxNewsFlash
- Spain: New direct and indirect tax measures for 2025 and 2026 include extended income tax incentives, changes to VAT reporting, and updated municipal capital gains tax rules. The new law also maintains existing assessment limits and extends the suspension of corporate loss restrictions related to COVID-19. Read TaxNewsFlash