26 November 2024

Six steps to prepare for the operational impact of Pillar Two

Tax compliance and provision reporting for the Organisation for Economic Cooperation and Development's Base Erosion and Profit Shifting (BEPS) 2.0 Pillar Two global minimum tax (GMT) demands companies to re-evaluate how financial data is gathered, managed and reported across different jurisdictions. Unlike many traditional tax law changes that can be implemented with incremental changes to existing processes, many multinational entities (MNEs) need to make fundamental changes to their tax compliance and reporting operating models to address Pillar Two. Learn more in this EY article.

Document ID: 2024-2162