On 5 April 2022, EU Finance and Economics Ministers will meet again to discuss – and potentially agree – the EU Pillar Two Directive following the ECOFIN meeting on 15 March 2022 where a compromise, including on the extension of the deadline for transposition and entry into effect of the rules to 31 December 2023 was not yet reached.

For the Directive to be adopted, all 27 member states must unanimously agree.

In the meantime, the work by the OECD/G20 Inclusive Framework continues with the release of the Commentary on the Pillar Two Model Rules, providing further clarity on the meaning of the Rules and their likely application.

These important developments are taking BEPS 2.0 Pillar Two closer to reality. As countries deliberate and start to decide on how to implement the GloBE rules, what will this reality look like in practice and how (and when) should businesses prepare?

Join us for a special 90-minute webcast, where a multi-jurisdictional panel of EY professionals will discuss the implications of the latest developments and share perspectives on how businesses and administrations around the world are responding.

The discussion will include the following specific topics:

BEPS 2.0 Pillar Two Commentary on the Model Rules

Recent discussions of the ECOFIN on the EU implementation of the GloBE rules

Interaction between EU minimum taxes and US tax reform

How key countries across the world are responding to BEPS 2.0

Other upcoming EU tax initiatives

Speakers will include EY tax policy professionals from the EU, the US and the UK.

Date: Tuesday 12 April 2022

Time: 14:30-16:00 (CEST) / 8:30-10:00 (EDT/New York)

Registration: Click here to register

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