Workshop on Base Erosion and Profit Shifting (BEPS): Pillar 1 and Pillar 2 13 to 18 May 2022 via Zoom Session 1 (May 13, 2022): Pillar One Session 2 (May 18, 2022): Pillar Two The purpose of this workshop is to provide a high-level over-view of the Pillar One and Pillar Two program. Specifically, it is intended to inform the listeners about the critical features of both Pillars, including: Timing of the next steps connected to the release of future papers and the proposed implementation timeline; Major elements of both Pillar One and Pillar Two; Outstanding information yet to be released; and Implementation considerations. Outline Two training workshops will be provided. Session 1 (May 13, 2022): Pillar One: 1) Overview of Pillar One’s purpose – what it seeks to achieve 2) Outline of Amount A and Amount B – Overview of how these mechanisms are intended to work 3) Discuss the 2/3 papers recently released that provide details in relation to: Revenue Sourcing and Nexus Tax Base Scope (presumed to be released by May) 4) Outline the future papers to be released 5) Outline the proposed implementation timing Session 2 (May 18, 2022): Pillar Two: 1) Overview of Pillar Two’s purpose – what it seeks to achieve 2) Outline of Pillar Two key mechanisms: Income Inclusion Rule Under Taxed Payment Rule Subject to Tax Rule (STTR) Qualified Domestic Minimum Top-up-Tax 3) Outline of GloBE calculation process 4) Key guidance yet to be released: Implementation – compliance and filing guidance STTR paper 5) Member country implementation considerations. Program and Learning Materials 13 May 2022 18 May 2022 Session / Activity Title Speaker(s) Presentation Brown Bag Workshop: Base Erosion and Profit Shifting (BEPS): Pillar 1 This is the presentation made by Matthew J. Andrew, International Consultant on BEPS, OAI on the Base Erosion and Profit Shifting (BEPS): Pillar 1… Renata Fontana, Kaelen Onusko, Matthew Andrew Session / Activity Title Speaker(s) Presentation Brown Bag Workshop: Base Erosion and Profit Shifting (BEPS): Pillar 2 This is the presentation made by Matthew J. Andrew, International Consultant on BEPS, OAI on the Base Erosion and Profit Shifting (BEPS): Pillar 2… Kaelen Onusko, Renata Fontana, Matthew Andrew Disclaimer The views expressed on this website are those of the authors and do not necessarily reflect the views and policies of the Asian Development Bank (ADB) or its Board of Governors or the governments they represent. ADB does not guarantee the accuracy of the data included in this publication and accepts no responsibility for any consequence of their use. By making any designation of or reference to a particular territory or geographic area, or by using the term “country” in this document, ADB does not intend to make any judgments as to the legal or other status of any territory or area. Event Coordinator/s Ma Antoinette Figurasin ADB Organizer/s Public Sector Management and Governance Sector Office Office of Anticorruption and Integrity Read Also Statement on a Two-Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy Topics Governance and Public Sector Management