image showing 'OECDpillars.com logo'

Latest Articles

image showing a flow chart for centralized model

Why Decentralized Data Management is required for Pillar Two

Whether multinationals adopt a centralized or decentralized approach to Pillar Two will be one of the key factors in correctly establishing the systems and architecture to collect, manage, analyse and store source data for the Pillar Two effective tax rate and top-up tax calculation. 

Read More »
Accounting standards and how they impact on Pillar Two

Pillar Two Accounting Disclosures Under IFRS

IAS 1, IAS 10 and IAS 12 all have provisions that can impact on the required disclosures in financial statements for Pillar Two, however, the key determinant will be whether the domestic tax law to implement the Pillar Two GloBE Rules has been announced, substantively enacted, or enacted before the financial statements are issued.

Read More »
image showing the world with flags in certain places to illustrate permanent establishments under pillar two

Joint Statement – Pillar Two Gains Momentum in the EU

Germany, France, Italy, Spain and the Netherlands issued a joint statement stating that if agreement is not reached on Pillar Two in ‘the next few weeks’ they will push forward domestic implementation of the Pillar Two GloBE rules ‘by any possible legal means’ in 2023. 

Read More »
image showing 'overlap between two circles'

Interaction Between OECD Pillar 1 and Pillar 2

Whilst Pillar 1 and Pillar 2 are separate and independent of each other, there are areas where they overlap, most notably the inclusion of Pillar 1 tax for Pillar 2 purposes and the overlap in some of the adjusted profits definitions.

Read More »

Instant Access

Full access to all articles, analysis, modelling tools and trackers.