The documents released cover the compliance and administration aspects of the global minimum tax rules, an area that is a significant concern for businesses. The work on the Pillar Two information return has focused to date on the information and data that may (subject to the design of the fi...
documents, which include the fourth set of administrative guidance on the global anti-base erosion model rules; additional guidance on country-by-country reporting implementation; and a question-and-answer document on qualified status under the global minimum tax aim to clarify Pillar Two application ...
Accordingly, affected companies should review the most recent guidance to begin planning for implementation of Pillar 2 beginning January 1, 2024. OECD has requested that comments on the two consultation documents be submitted by February 3, 2023. Learn more by c...
One year ago, 137 countries and jurisdictions joined the historic agreement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy.[i] The October 2021 Statement built upon years of negotiations within the G20/OECD Inclusive Framework on BEPS (Inclusi...
with respect to the other core element of Pillar Two — the Subject to Tax Rule (STTR) — the OECD has released a model treaty provision together with an accompanying commentary,8 as well as documents with respect to a multilateral instrument that jurisdictions can use to facilitate implementatio...
Pillar One and Pillar Two 2021 年 7 月 7 日 OECD Inclusive Framework reaches political agreement on taxing the digitalised economy and a global minimum rate 2021 年 7 月 3 日 双支柱方案得到全球性支持 Global Endorsement on Pillar One and Pillar Two 5 2020 年 10 月 13 日 2020 年美国大...
Pillar One For Amount A of Pillar One, the Inclusive Framework is launching a public consultation that will occur in stages, by releasing Secretariat working documents on each building block to obtain feedback quickly and before the work is finalised.This approach, rather than waiting for a compr...
work on the implementation of the two-pillar plan is well under way. As part ofthis next phase...
On May 27, the OECD released two public consultation documents on tax certainty under pillar one, which together total over 150 pages – 87 pages on tax certainty for Amount A, and another 67 on tax certainty for related issues such as transfer pricing (TP) and permanent est...
Check this PwC repository with all the information necessary to perform Pillar Two calculations. Or view other related documents Get in touch Doug McHoney International Tax Services and Pillar Two Global Leader, PwC US Email Anthony Sciarra