BEPS 2.0: The Evolving Tax Landscape

Insights from KPMG about the potential impact of proposed tax reforms to address the changing global economy

Manal Corwin

Manal Corwin

Principal in Charge, Washington National Tax, KPMG US

+1 202-533-3127

Brett Weaver

Brett Weaver

ESG Tax Leader, KPMG US

+1 206-913-6697

The challenge of how to tax the digital economy was identified in the OECD's BEPS initiative as Action 1: Addressing the Tax Challenges of the Digital Economy. The OECD/G20 Inclusive Framework on BEPS (IF) has largely achieved a consensus around a long-term two-pillar solution to address taxation of the digital economy. At the same time, some countries are taking unilateral actions, such as imposing digital services taxes. As the digitization tax debate continues, multinational companies will need to stay abreast of both short- and long-term developments to navigate and prepare successfully for the resulting changes to the global tax landscape. You'll find insights about these developments from KPMG on this page.

 

TaxNewsFlash Alerts

KPMG reports of tax treatment of the digital economy

KPMG reports of tax treatment of the digital economy

TaxWatch Webcast

BEPS Update: What’s Next for Pillar Two and a Global Minimum Tax

BEPS Update: What’s Next for Pillar Two and a Global Minimum Tax

Impact of GloBE Rules

Pillar Two implementation and potential impact on U.S. multinationals' ETR update

Pillar Two implementation and potential impact on U.S. multinationals' ETR update

Pillar One: Profits Allocations and Nexus (October 2021)
One-page summary of Pillar One, which aligns taxing rights with local market engagement
Pillar Two: Global Minimum Taxation (December 2021)
Summary of Pillar Two, which establishes a global minimum taxation regime through a series of interlocking rules
BEPS 2.0: What You Need to Know
Read this summary to learn more about the BEPS 2.0 two-pillar approach, its potential impacts, and how KPMG professionals from member firms worldwide can help.
KPMG BEPS 2.0 Model: Assessing the Impact on Your Organization
International Tax professionals from across the global organization of KPMG firms can help clients understand, communicate, and evaluate appropriate actions in light of the BEPS 2.0 initiative. Using the KPMG BEPS 2.0 Model, we can assist in analyzing how the proposals may affect your organization and give you the insights you need for effective tax planning.

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