27 Jul.

OECD Pillar Two: Transforming the financial close and consolidation process for MNEs

Technology, Media & Telecommunications

Thursday, 01:00 p.m.  ET | 1 hr
Credits offered: CPE Event language: English

Participants will be able to identify Pillar Two readiness and financial reporting requirements for their organization.

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Key takeaways

Host: Doreen Cadieux, partner, Deloitte Tax LLP

Presenters: Steve Carney, senior manager, Deloitte & Touche LLP
                      Hrusikesh Dalai, senior manager, Deloitte Consulting LLP
                      Brad Ford, principal, Deloitte Tax LLP
                      Chad Hungerford, partner, Deloitte Tax LLP
                      Neil Laverty, principal, Deloitte & Touche LLP
                      Paul Stephens, chief tax officer-in-residence, Deloitte Tax LLP

1.0 Overview CPE credit | Taxes

The Organization for Economic Cooperation and Development (OECD) projects that the Pillar Two global minimum tax will net more than $220 billion annually from nearly 8,000 multinational companies.* This new tax requires more than 150 new data points and an additional level of accounting at most local levels. Tax, Finance, IT, and Operations will need to work together to satisfy Pillar Two requirements in advance of Q1 2024 reporting. We’ll discuss:

  • Common challenges and approaches to global coordination of data collection, consolidation, and reporting 
  • Data and ERP system requirements
  • Updating the C-suite and board about Pillar Two

*OECD, “Revenue impact of international tax reform better than expected: OECD,” January 18, 2023.

Meet the host

Doreen Cadieux

Doreen Cadieux

US Tax Leader | Technology

Doreen is a Partner in Deloitte’s Tax Practice and the US Technology Sector Leader for Tax. She has specialized in corporate taxation for over 25 years with Deloitte Tax in the Silicon Valley mainly serving clients in the technology and life sciences industries. Her experience brings an understanding of tax centric issues commonly faced by technology companies from the emerging growth stage to mature global enterprises. Her primary focus is the identification of potential tax planning, addressing compliance and reporting requirements, and helping clients document and communicate operational needs for the tax function to support planning and reporting.

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Thursday, 27 Jul 2023 01:00 p.m. ET
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