WEBCAST

BEPS 2.0: Update on the State of Negotiations - Part 1

The OECD/G20 Inclusive Framework (IF) on BEPS continues to make progress toward a global and consensus-based solution to the tax challenges arising from the digitalization of the economy through its work on Pillars One and Two.

The OECD has released a public statement, following an IF virtual meeting held June 30–July 1, that summarizes the state of the negotiations on Pillars One and Two, including areas of agreement, remaining open items, and next steps. Following the IF meeting, a G20 Finance Ministers and Central Bank Governors Meeting was held on July 9–10, and a summary communique was released endorsing the key components of the two Pillars as set out in the IF statement. The IF and G20 statements sustain the momentum generated from the agreement reached by G7 nations in early June provide a window into the likelihood, scope, and timing of a final agreement.

KPMG LLP (KPMG) is pleased to invite you to a 90-minute TaxWatch webcast replay that provides an update on the outcomes of these two key milestones and offer insights as to the implications. Senior professionals from the KPMG Washington National Tax practice discuss:

  • Pillars One and Two – High-level overview of what has been agreed and what issues have been left open
  • Politics state of play – What is the timing and process for final agreement, adoption, and implementation?
  • Practical considerations for business, including the intersection with potential U.S. tax reforms.

 

Moderator

Manal Corwin

Manal Corwin

Principal in Charge, Washington National Tax, KPMG US

Speakers

Marcus Heyland

Marcus Heyland

Managing Director, Economic & Valuation Services, Washington National Tax, KPMG US

Mark R. Martin

Mark R. Martin

Co-Principal in Charge, Tax Controversy & Dispute Resolution, KPMG US