The G7’s announcement regarding a potential exemption for some US-based multinationals from certain aspects of Pillar Two has made waves, but what does it mean for large multinationals headquartered in…
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Pillar Two: Where is it going as of July 2025?
The surprising 26 June announcement by the G7 of an “understanding” that would exclude US parented groups from the IIR and UTPR, two of the main mechanisms of the global…
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August 2024: BEPS Pillar 2 Highlights
Australia Pillar 2 Global Minimum Tax Legislation Introduced in Parliament Australian Treasurer Jim Chalmers has announced the introduction of legislation in parliament for the implementation of the Pillar 2 global minimum tax,…
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May 2024: Pillar 2 Highlights
Estonia On 2 May 2024, Estonia published in the Official Gazette, the return requirements for the Pillar 2 global minimum tax of Council Directive (EU) 2022/2523. Estonia has opted to delay…
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Tax and finance leaders weigh in on their 5-year aspirations: new report
Most tax and finance leaders (84%) will increase their spending on tax technology by 10% or more in the next 12 months, says new research.
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Global Minimum Tax: How to Comply with BEPS Pillar Two Requirements?
The OECD’s new Pillar Two measures will see multinational enterprises (MNEs) with consolidated revenue of 750 million euro paying a global minimum tax (GMT) of 15%.
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How to achieve global minimum tax compliance with limited resources?
International tax planning is undergoing enormous change. By the beginning of 2024, a new Global Minimum Tax (GMT) regime will come into effect under the OECD’s base erosion and profit-sharing…
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