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Helping 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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Week in Tax

A KPMG TaxNewsFlash weekly summary intended for executives who need to be informed about tax developments

This Week's Report

KPMG Week in Tax: 19 – 23 August 2024

Highlights include:

  • United States: Proposed regulations on elections relating to foreign currency gains and losses
  • Australia: Legislation implementing Pillar Two global minimum tax rules passes House of Representatives
  • Kenya: Finance Act, 2023 declared unconstitutional by Court of Appeal
  • Korea: Tax reform proposal for 2024

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