Week in Tax
A KPMG TaxNewsFlash weekly summary intended for executives who need to be informed about tax developments
This Week's Report
Week in Tax: November 24 – December 5, 2025
Highlights include:
- UK: Tax measures in Autumn Budget 2025 include changes to Pillar Two rules and transfer pricing, DST, and DPT reform
- United States: Guidance on allocation of foreign income taxes and section 987 transition rules
- Singapore: Updated transfer pricing guidelines include pilot implementation of Pillar Two Amount B
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