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Pillar Two spotlight series: Rethinking your tax tech and data needs

Part of the Tax News & Views podcast series

Transitioning to Pillar Two requires multinationals to assess and understand the data structures for each jurisdiction they operate in. In part 2 of our series, Deloitte tax leaders explore the new data requirements and how multinationals should be looking at and thinking differently about their tax data and technologies.

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Pillar Two spotlight series: Rethinking your tax tech and data needs

Data is the biggest hurdle most multinationals are facing in the lead-up to the 2024 transition to Pillar Two. Tax executives need to understand the key role data plays in modeling and compliance under the new rule set, but where do they start? In part 2 of the Pillar Two series, Ryan Duchene from Deloitte’s International Tax team and Brad Ford from Deloitte’s Tax Technology Consulting team discuss the role data will play in identifying tax jurisdictions, relevant technologies that will help the process, and how organizations can approach new data demands:

The OECD is effectively building a brand-new tax structure, so there’s a ton of technical information to be analyzed. The first thing companies will need to do is look at what their technical issues are and start having a view of completing these new calculations.

—Ryan Duchene

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