BEPS 2.0: The Evolving Tax Landscape
Insights from KPMG about the potential impact of proposed tax reforms to address the changing global economy
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.
KPMG reports of tax treatment of the digital economy
KPMG reports of tax treatment of the digital economy
Access index of alerts
Pillar Two Model Rules
Analysis of the 15% global minimum tax rules following March 14 commentary
Analysis of the 15% global minimum tax rules following March 14 commentary
Read KPMG March report
Chief Tax Officer Insights
CTOs consider scenario planning for potential Pillar Two rules
CTOs consider scenario planning for potential Pillar Two rules
Read May issue
Taxation of the Digitalized Economy: Developments Summary
April 21, 2022
Overview, covering direct and indirect taxes, of how countries are responding to the challenges arising from the digitalized economy
One-page summary of Pillar One, which aligns taxing rights with local market engagement
Summary of Pillar Two, which establishes a global minimum taxation regime through a series of interlocking rules
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.
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.
