Decoding the OECD Global Anti-Base Erosion Rules - Global Minimum Tax (Pillar Two) Explored

Introduction

The Global Minimum Tax (GMT) or Pillar 2 is regarded as the last step in the OECD Base Erosion and Profit Shifting law reform programme.

It is now large in terms of legislative text, complex and of considerable significance in international tax systems around the world.

Presented by expert speaker Dr Leopoldo Parada, this new virtual classroom seminar will provide you with a thorough overview of the GMT and its administration, both from a policy and practical perspective.

Consideration will also be given to international and comparative approaches regarding its implementation around the world.

On completion of this session, you will have the knowledge to evaluate the GMT for taxing large multinational businesses as developed by the OECD, understand its tax policy implications and the rationale behind it, as well as the substantive, operational and compliance aspects of it.

What You Will Learn

This live and interactive session will cover the following:

• The origin and rationale of the GMT
• The substantive, operational and compliance aspects of the GMT, including:
• Key concepts contained in the GloBE Rules
• ETR calculation
• Application of top-up taxes (IIR; UTPR; QDMTT)
• Safe harbour provisions
• The main tax policy implications derived from the implementation of the GMT around the world, including comparative approaches for its implementation

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.