This Week's Report
KPMG Week in Tax: 22 – 26 May 2023
- Costa Rica: Proposed introduction of global income tax system
- New Zealand: Tax bill includes Pillar Two global minimum tax rules
- Spain: Bill implementing DAC7; VAT, income tax, and FATCA implications for finance and insurance industries
- United States: Ways and Means Chairman introduces bill that would impose additional tax on foreign jurisdictions with undertaxed payments rule (UTPR)
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