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).
- France: The tax authority (DGFiP) issued guidance for taxpayers struggling to comply with the e-invoicing mandate effective September 1, 2026, confirming the date is not postponed but offering temporary relief measures. Penalties will not apply automatically if active, documented compliance efforts are proven, and a formal three-month notice period will be granted to regularize the mandatory use of accredited invoice-receiving platforms before fines are enforced. Read TaxNewsFlash
- Vietnam: The Ministry of Finance issued guidance, effective July 1, 2026, updating the implementation of tax treaties, mutual agreement procedures (MAPs), and advance pricing arrangements (APAs). Key changes include treating digital platforms as permanent establishments, recognizing commercial databases for APA benchmarking, capping withholding taxes on passive income, and clarifying that MAP requests do not suspend domestic tax obligations. Read TaxNewsFlash
- United States: The U.S. Tax Court this week invalidated temporary regulations limiting the section 245A dividends-received deduction, following the U.S. Court of Federal Claims invalidating regulations allocating certain GILTI deductions on July 2. Both courts applied Loper Bright to reject the Treasury's unilateral attempts to correct post-TCJA gap-period mismatches, signaling a strong judicial trend against administrative regulatory overrides. Read TaxNewsFlash