Global Tax Reform and Digital Taxation
The OECD is expected to release “blueprints” in early October setting out details of the current state of play regarding the two pillars of the global tax reform initiative. The blueprints are understood to reflect the aspects of the proposals on which the Inclusive Framework jurisdictions have been able to agree so far. The G20 ministers have agreed to try to reach agreement on both pillars before the end of 2020, but it remains uncertain how realistic this is. While it has been suggested that agreement on just one of the pillars may be feasible, it is unclear whether there is sufficient political will to split the proposals. This webinar will provide an overview of the details of the agreed aspects of the proposals, as well as those aspects on which further discussion is needed. The webinar will address the potential business implications of the proposals and also discuss the various alternative proposals that individual countries, including the European Union, are considering (or have already implemented), and what failure to agree on the Pillar I and II proposals might mean for these alternative proposals.
Topics to be discussed in this webinar include the details of the current state of play regarding the two pillars of the G20’s global tax reform initiative, i.e. Pillar I on the reallocation of international taxing rights in favour of market jurisdictions, and Pillar II on the introduction of a global minimum tax.
After following this webinar, participants will be able to:
- understand those aspects of the proposals on which agreement appears likely, as well as those on which further discussion is needed
- anticipate practical implications of the proposals for multinational businesses
- recognize what alternative approaches individual countries may be taking or have already taken and their practical implications
Field of study
Who should participate
The webinar is suitable for all tax professionals, including in-house tax managers and directors, tax lawyers, advisers, policymakers and government officials who wish to have a better understanding of how the new Pillar I and Pillar II solutions may affect the tax position of MNEs.
Course level and prerequisites
This is an intermediate-level webinar. Participants in this webinar are expected to have a good understanding of international tax law and transfer pricing.
Participation in this webinar does not require any preparation.
Interactive webinar - “Group Internet Based” (live webinar only)
To safeguard the interactive nature of the webinar, a limited number of participants will be accepted. Early registration is therefore recommended. During live webinars, it is possible to interact with the presenters via a chat message function. Please note that questions are answered based on relevance, order of receipt and available time. Additionally, participants in the live webinar are invited to answer poll questions or complete short tests. Participants who follow the live broadcast will also have access to the on-demand version for a further 12 months from the live date.
Date of live broadcast: 22 October 2020
On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation or assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months from the date of registration and/or live broadcast.
Continuing Professional Education
Many accrediting organizations will grant continuing professional education (CPE) credit(s) for an IBFD audio-visual broadcast. It is advisable, however, that you check with your accrediting body as to whether this applies only to live webinars or to on-demand webinars as well.
The International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org. NASBA CPE credit - 1 (only applicable to live webinar).
Webinar registration details
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- Overview of current proposals
- Business impact
- Alternative initiatives
- Predictions for the future
- Jeroen Kuppens
- Betty Andrade
- Barry Larking