Pillar Two in Action: Practical Insights and Compliance Challenges
The Pillar Two rules aim to enforce a global minimum tax rate of 15% for large corporate groups by employing three key rules (the income inclusion rule (IIR), the undertaxed profit rule (UTPR) and the qualified domestic minimum top-up tax (QDMTT)). After years of negotiations within the Inclusive Framework, 2024 is the year in which Pillar Two starts producing effects, with numerous countries already implementing selected measures. This webinar, presenting insights from both in-house tax practitioners and specialized consultants, will delve into the current global implementation status of the Pillar Two rules and guide the audience through practical challenges such as scope analysis, the preparation of financial statements, safe harbours and compliance.
Block 1: Global Implementation Status
Block 2: Scope – Practical Challenges
Block 3: Safe Harbours in Practice
Block 4: Navigating Compliance
After this webinar, the participants will be able to:
- List the jurisdictions where Pillar Two is already in force
- Identify the practical challenges for in-scope taxpayers
- Appreciate the concrete relevance of safe harbours and transitional penalty relief
- Navigate compliance and disclosure requirements
Francesco De Lillo (Facilitator)
The webinar is suitable for in-house tax managers and directors, lawyers, advisers, government officials and academics.
This is an intermediate-level webinar. Participants in this webinar are expected to have knowledge of the technical design of Pillar Two.
On-demand webinars are intended for individual self-study only. Unlike live webinars, they are not open to interactive participation nor do they offer the assistance of a real-time instructor. Access to on-demand webinars is granted for a period of 12 months.
If you have any questions regarding following the webinar, technical requirements, or payments and cancellations, please consult our FAQ.
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.
International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of CPE 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).
- Field of study: Taxes
- Recording date: 3 May 2024
Group Participation
If you are an enterprise and would like to register a group of more than 5 participants from your company, please email us at info@ibfd.org for more details.