Week in Tax

TaxNewsFlash-Week in Tax — KPMG summaries intended for executives who need to be informed about tax developments

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TaxNewsFlash

The latest tax developments pertaining to the United States and U.S. industry sectors, and as being reported by KPMG firms from around the globe

This Week's Report

Highlights include:

  • EU: Proposal for exchange of Pillar Two global minimum tax information between EU member states (DAC9)
  • Germany: Annual Tax Act 2024 passed by lower house of Parliament includes Pillar Two changes and postponement of withholding tax payment and reporting rules
  • United States: Treasury announces beginning of negotiation of tax agreement with Taiwan

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