Workshop on Base Erosion and Profit Shifting (BEPS): Pillar 1 and Pillar 2
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.
Date | Session / Activity | Presentation Material | Speaker(s) |
---|---|---|---|
13 May 2022 | 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 theBase Erosion and Profit Shifting (BEPS): Pillar 1 last... |
Renata Fontana, Kaelen Onusko, Matthew Andrew |
Date | Session / Activity | Presentation Material | Speaker(s) |
---|---|---|---|
18 May 2022 | 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 theBase Erosion and Profit Shifting (BEPS): Pillar 2 last... |
Kaelen Onusko, Renata Fontana, Matthew Andrew |