United Kingdom: Global Tax Weekly: 28 Sep – 2 Oct 2026 Developments

KPMG’s Week in Tax for the period 28 September to 2 October 2026 provides a comprehensive roundup of international tax developments. This weekly publication, produced by KPMG’s Global Tax News team, covers significant announcements from the OECD (including BEPS 2.0 implementation updates), EU tax policy (such as DAC8 and BEFIT progress), US Treasury regulations (including clean energy credits and international tax provisions), and key judicial decisions across major Asia-Pacific jurisdictions. The digest is designed for multinational enterprises and tax advisors needing a consolidated view of cross-border tax changes.

Key Takeaways

  • OECD Pillar Two Progress: Updates on global minimum tax implementation timelines and safe harbor transitions in multiple jurisdictions.
  • EU Digital Taxation Advances: Developments on the Business in Europe: Framework for Income Taxation (BEFIT) and digital reporting directives.
  • US Inflation Reduction Act Guidance: New Treasury guidance on clean energy tax credits and foreign tax credit limitations affecting MNE tax planning.

Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.

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