The Organisation for Economic Co-operation and Development (OECD) continues its journey to create the landscape for modernizing the international tax system with its two-pillar approach. Recent and expected developments on Pillar Two—introduction of globally coordinated minimum tax rules—indicate that many countries may be on the road to implementation multinational enterprises may need to address its implementation, as early as 2023.
KPMG LLP is pleased to invite you to a 90-minute webcast that will examine the current state of Pillar Two and discuss what tax executives at U.S. multinational enterprises can be doing to prepare. Our presenters will address:
- Pillar One update and why timing for the two pillars is diverging
- What’s happening (or not) regarding Build Back Better, the EU directive, U.K. legislation, and other related developments
- Expected timing of OECD Inclusive Framework guidance on Pillar Two
- Insights on technical rules based on modeling results.