The OECD鈥檚 鈥楤EPS 2.0鈥� initiative will change the global tax landscape 鈥� either because of its success and implementation or its failure and the chaos that would follow. Even if there is no global consensus for BEPS 2.0, much of its substance is likely to live-on through unilateral measures. Thus, it is critical to understand how BEPS 2.0 will affect your organization 鈥� both its profit reallocation proposals (known as Pillar One) and its global minimum tax measures (known as Pillar Two). The ultimate outcome of this effort could present a new set of pressures, including new demands for internal resources, revamping tax policies and investing in new technology to handle new compliance obligations.
Our approach:
Understanding the impact of BEPs and the potential organizational responses requires insights of many tax specialties, including diverse areas such as: international tax, to transfer pricing, to restructuring, to policy and lobbying and to tax department process and control design. International tax professionals from across the global organization, help 乐鱼(Leyu)体育官网 firm clients understand, communicate, and evaluate appropriate actions in light of the BEPS 2.0 initiative. They can assist you in analyzing how the proposals may affect your organization and give you the insights you need to communicate with senior executives, audit committees and other stakeholders using the 乐鱼(Leyu)体育官网 BEPS 2.0 Model, a proprietary modeling tool powered by , which has been updated to reflect the OECD鈥檚 latest Blueprint for Pillar One and Pillar Two released in late 2020.
乐鱼(Leyu)体育官网 Digital Gateway: Powered by Microsoft Azure and built on the cloud, 乐鱼(Leyu)体育官网 Digital Gateway is a single platform solution that gives you access to the full suite of 乐鱼(Leyu)体育官网 Tax & Legal technologies, all in one place.
How clients can benefit:
Many organizations like to start with a rapid assessment of the implications, and 乐鱼(Leyu)体育官网鈥檚 technology based approach allows such an organization, with only several hours of effort, to understand the likely impacts as well as:
- Assess your potential cash tax and potential effective tax rate
- Provide detailed quantitative analysis and summary reports with flexible visualizations
- Support in identifying necessary restructuring work
- Help inform policy advocacy
- Support in developing communication plans for key stakeholder that will help guide your organization's current and future actions