Special Edition | Taxing the global digital economy: What all multinationals should know has been saved
Special Edition | Taxing the global digital economy: What all multinationals should know
September 9 | 12 p.m. ET
Host: Mark Nehoray, partner, Deloitte Tax LLP
1 Overview CPE credit | Taxes
On May 31, the G20/OECD Inclusive Framework on BEPS released a two-pillar program of work that could fundamentally change longstanding rules governing international taxation of all large multinational entities—not just highly digitized ones. What should tax executives know? We'll discuss:
- Pillar 1's revisions to rules for allocation of profits to market jurisdictions without regard to the arm's length standard and nexus/permanent establishment.
- Pillar 2's proposed approach to establishing a global minimum tax and backstop regime that denies deductions or imposes withholding in cases of certain payments to low-tax jurisdictions.
- Unilateral actions already being taken by countries, including France and the UK.
Participants will examine proposed changes and identify how their companies could be affected.