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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: August 3 – 7, 2026
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Highlights include:

  • U.S. Tax Court: Qualified dividend income treatment and FTCs denied under section 246(c) anti-abuse rule
  • United States adopts minimum import prices, duties, and investment incentives for polysilicon (solar) sector
  • UAE: Guidance on registration requirements and notification timelines for domestic minimum top-up tax

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The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. KPMG LLP does not provide legal services.

The information contained herein is not intended to be “written advice concerning one or more Federal tax matters” subject to the requirements of section 10.37(a)(2) of Treasury Department Circular 230.

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