Two concepts have become strong drivers of change in the international and domestic tax worlds alike. The first is ‘Fairness’ – the idea that everyone needs to pay their equitable share and that revenues need to be distributed reasonably among the jurisdictions of business activity. The Pillar Two global minimum tax, the U.S. Corporate Alternative Minimum Tax, and various proposals for wealth taxes speak to this trend.
The second idea is ‘Sustainability.’ With climate crises taking place in real time across the globe, awareness is growing that massive investments are needed to create cleaner and more sustainable economies. The tax code is often used as a vehicle to incentivize those changes. The European Carbon Border Adjustment Mechanism and energy tax credits in the Inflation Reduction Act illustrate this idea.
This virtual program focused on aspects of both trends that are relevant for businesses. We featured forward-thinking leaders who shared diverse perspectives and insights into the developments rapidly reshaping the tax world.
Pillar One and Two – Winners, Losers, and Alternatives
Unlocking Tax Efficiency — Greater Transparency
Discovering Opportunities in the Inflation Reduction Act’s Energy Tax Credits