For any organization that operates across borders, Pillar Two tax reform very much deserves a spot on the C-suite’s strategic agenda. It’s complex to implement, and financial reporting will be the first order of business. Pillar Two requires multinational enterprises to potentially pr...
doi:10.32721/ctj.2023.71.2.sym.boadwayTAX reformCORPORATE taxesALTERNATIVE minimum taxTAX incidenceORGANISATION for Economic Co-operation & DevelopmentRecent proposals for corporate tax reform in Canada call for changing the existing tax on shareholder income to a tax on...
This latest release follows the statement on the components of global tax reform, agreed by more than 135 members of the OECD inclusive framework in October 2021, and the subsequent publication of Pillar Two model rules, commentary, safe harbors, and guidance. Components of the Pillar Two rules ...
This publication helps entities in developing disclosures on the impact of the implementation of Pillar Two model rules that meet the requirements of the Amendments to IAS 12 Income Taxes.
Global tax reform is coming—and CEOs need to be ready Take a proactive approach with regards to OECD Pillar Two by understanding the requirements to evaluate now to ensure compliance with current and upcoming OECD directives. Learn more
What is BEPS Pillar 2? How should you prepare for global minimum tax? Let’s breakdown this tax reform and explore its impact on tax and finance.
Challenges Arising from the Digitalisation of the Economy. Pillar 1 aims to ensure a better distribution of taxation of multinationals according to the countries in which they operate, and Pillar 2 aims to control tax competition on corporate profits by introducing a global minimum tax...
BEPS 2.0 is intended to consolidate those unilateral taxation regimes into an overall consensus between BEPS participant countries (theInclusive Framework) to avoid double taxation or inconsistent tax treatments. What Is the BEPS 2.0 Reform Package?
Recent proposals for corporate tax reform in Canada call for changing the existing tax on shareholder income to a tax on rents or above-normal profits. A f... R Boadway,JF Tremblay - 《Canadian Tax Journal》 被引量: 0发表: 2023年 The Role of SMEs in the Economy: Analyzing the Financia...
Readiness for the increased Pillar Two tax compliance complexity is top of mind for many companies and proper preparation can ease the burden.