The idea of Pillar Two is to prevent harmful tax competition by introducing a global minimum taxation (GloBE), thus discouraging multinational enterprises to establish activities in jurisdictions only for tax purposes. The two main instruments to achieve this goal show several similarities to the US GILTI and BEAT initiatives; however, the OECD is discussing a number of deviations and simplifications to roll out this approach on a global level.
This webinar provides a brief introduction into the design principles of GloBE and outlines the main challenges and chances of this proposal. It will cover:
• The genesis of Pillar 2
• The income inclusion rule
• Undertaxed payment rules
• The way forward
When?
The webinar will take place on 2 July 2020 5-6 pm (GET) and will be hosted by Nadia Altenburg, Taxand Germany and Chris Kotarba, Taxand USA.
Register?
To register, please click here.