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June 28, 2023

Tuesday, 11 July 2023 | BEPS 2.0 Pillar 2: Countdown to disclosure (1:30 pm BST)

There are just over six months to go before Pillar 2 of the OECD’s BEPS 2.0 directive goes live. Will you be ready to comply?

We invite you to join our EY Financial Services tax webcast, BEPS 2.0 Pillar 2: Countdown to disclosure, on Tuesday, 11 July 2023 at 13:30–14:45 BST / 14:30–15:45 CEST to get the latest developments on the new global minimum tax rules and their implications for jurisdictions worldwide.

In the EU, member states are actively working on transposing the bloc's Minimum Tax Directive into domestic legislation by the end of 2023. Significant developments are also underway in countries such as the UK, Japan  and South Korea to name a few.

During the 75-minute webcast, our panel of EY tax professionals will discuss:

  • The latest in-country developments

  • Recent amendments made by the International Accounting Standards Board (IASB) to IAS 12, titled "International Tax Reform–Pillar Two Model Rules"

  • The anticipated approach from the Financial Accounting Standards Board (FASB)

  • A risk-based approach for financial institutions to meet their initial milestones by 1 January 2024, focusing on data, process and technology selection

You will be invited to ask questions throughout the webcast, which our panelists will endeavor to answer as they come in.

If you are unable to join, please register to receive a replay that you can watch at your convenience.


On 23 May 2023, the IASB issued the Amendments to IAS 12, titled 'International Tax Reform–Pillar Two Model Rules'. These amendments introduce significant changes to the standard, including (i) a mandatory temporary exception to the accounting for deferred taxes resulting from the implementation of the Pillar Two model rules at a jurisdictional level and (ii) disclosure requirements for affected entities. These disclosures aim to enhance the understanding of financial statement users regarding an entity's exposure to Pillar Two income taxes stemming from the legislation, particularly prior to its effective date.

Date: Tuesday, 11 July 2023

Time: 13:30–14:45 BST / 14:30–15:45 CEST / 8:30–9:45

RegistrationRegister for this event.

Missed EY webcasts on Pillar Two?

  • How to address the BEPS 2.0 Pillar Two data and technology challenge with SAP (March 2023) – watch replay 

  • BEPS 2.0: New Administrative Guidance and implementation activity on Pillar Two (February 2023) – watch replay

  • Implementation of BEPS 2.0 Pillar Two in the EU (January 2023) – watch replay

Please contact EY EMEIA FS Tax team if you have any questions.

Learn about and register for EY Global webcasts

You can learn about and register for any EY Global webcast here.


The information contained herein is general in nature and is not intended, and should not be construed, as legal, accounting or tax advice or opinion provided by Ernst & Young LLP to the reader. The reader also is cautioned that this material may not be applicable to, or suitable for, the reader's specific circumstances or needs, and may require consideration of non-tax and other tax factors if any action is to be contemplated. The reader should contact his or her Ernst & Young LLP or other tax professional prior to taking any action based upon this information. Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.


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