As Pillar Two rules come with strict compliance requirements, we provide support with the creation and implementation of a compliance process as well as the definition of data sources, data flows and reporting channels. Working together with you, we will adapt existing (reporting) processes or intr...
global tax reporting and compliance requirements. CCH Integrator interconnects the tax provisioning, CbCR, and Pillar 2, including capability to file GIR and QDMTT returns. Built on a low-code, no-code platform, providing the ability to adapt quickly to evolving local regulations. ...
The law provided much needed clarity on the UAE Pillar 2 compliance requirements and deadlines, with both the filing of the Top-up Tax return and payment of Top-up Taxes having to be done within 15 months after the FY or 18 months after the transitional year. Details on the Pillar 2 reg...
They provide an update on the latest Pillar Two happenings, including the transposition of the June 2024 OECD Administrative Guidance into UK law, the potential for retroactive provisions, UK compliance requirements, the potential for changes in light of the US election, and what could be next. ...
Bringing together our knowledge and Pillar Two Agent technology tools to provide a complete and seamless solution to help you confidently manage data and process assessments; impact modelling and visualizations; and, ultimately, end-to-end compliance.
BEPS Pillar Two: Understanding data requirements and managing data Pillar Two is a new compliance obligation and with this change comes both challenges and opportunities. So why is it posing such a significant challenge to corporates and why is it different to the other types of tax reform we ...
Transitional country-by-country (CbC) reporting safe harbor The transitional CbC reporting safe harbor uses information taken from a business’s CbC report and/or financial statements to exclude a group’s operations in lower-risk countries from the compliance obligation of preparing full Pillar Two ...
The compliance requirements and potential penalties outlined in the draft law for taxpayers falling within its scope in Thailand include an obligation to submit detailed information on the MNE group, the GloBE information return, the top-up tax information return, and the top-up tax ...
brought groundbreaking changes to the international tax landscape. Multinational enterprises should take immediate actions to assess the potential impact on their business models and global tax liabilities, as well as to get themselves prepared for the additional tax compliance and reporting requirements.”...
Pillar 2 introduces a complex balancing act for UTPs. New UTP expenses are excluded from calculations, but future payments are included, creating a management challenge. Learn how to navigate this in our Pillar 2 series and optimize your ETR for efficient compliance. ...