Tax Challenges in a Digital Economy: Two-Pillar Solution Updates

On October 8, 2021, the OECD/G20 Inclusive Framework released Pillar One and the Pillar Two Blueprint updates outlining rates and thresholds, the scope of carve-outs and a detailed implementation plan.

This complimentary easy-to-read OnPoint presentation covers the key changes, including:

Pillar One:

  • Amount A profit allocation
  • Amount A elimination of double taxation
  • Amount A dispute prevention and resolution
  • Further streamlining of Amount B provisions
  • Key operational and implementation improvements
  • Removal of Digital Service Taxes

 

Pillar Two:

  • Subject to Tax Rule (STTR)
  • Global Anti-Base Erosion (GloBE) rules
  • Application and implementation plans

Download this report to understand the changes and be ready to share with stakeholders.

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