Pillar Two is reshaping the global tax landscape, creating significant new data, calculation, and reporting challenges for large multinational enterprises (MNEs). As countries worldwide implement these rules, ensuring compliance with the 15% global minimum tax is more complex than ever.
Our experienced professionals are actively monitoring developments from the Organisation for Economic Co-operation and Development (OECD) to help your organization navigate the complexities of Pillar Two. We combine deep technical knowledge with a strategic approach to data and technology, delivering a holistic solution that aligns your compliance, technology, and governance for long-term success.
What Is Pillar Two?
Pillar Two is part of the OECD/G20 Base Erosion and Profit Shifting (BEPS) initiative. It establishes a global minimum tax framework to ensure large MNEs pay an effective tax rate of at least 15% in every jurisdiction where they operate. This requires new levels of data management and reporting for companies to remain compliant.
Pillar Two Data & Technology Strategies
Effective Pillar Two compliance hinges on your data. The volume and granularity of data needed for Global Anti-Base Erosion (GloBE) calculations and safe harbor tests demand a robust, centralized data environment. This is an opportunity to transform your broader data strategy.
A successful approach starts with a clear understanding of your data sources, from ERPs to payroll systems. We help you evaluate your current data landscape, identify gaps, and build a roadmap for sustainable compliance.
How We Help With Data & Technology
- Data Strategy: We assess your data infrastructure to ensure it is fit for purpose, helping you centralize, secure, and govern your data environment.
- Technology & Automation: We leverage automation, cloud platforms, and integrated tools to help streamline data collection, enhance reporting accuracy, and unlock new efficiencies.
- Integrated Teams: We help align your tax, finance, and IT teams around a shared strategy that supports both immediate compliance needs and long-term transformation goals.
Whether your organization is just beginning to assess its readiness or already deep into implementation, our team can help. We can evaluate your current data landscape, identify gaps, and build a roadmap for sustainable Pillar Two compliance and further transformation opportunities.
Ready to elevate your Pillar Two data strategy?
Contact our team for a tailored consultation and data transformation discussion.
Our Pillar Two Technology Solutions
Pillar Two Tool
Our integrated tool provides a strong foundation for helping meet your compliance obligations. It’s designed to support you through scoping, reporting, and centralized governance.
- Key features include:
- Impact Analysis: Understand the specific effects of Pillar Two rules on your business
- Data Scoping: Assess the necessary GloBE data points for your organization.
- In-Depth Tax Calculation: Perform detailed GloBE calculations efficiently.
- Safe Harbour Analysis: Conduct a real-time review of Safe Harbour rules to help identify relevant business units.
- Entity Data Management: Analyze and enhance data regarding your constituent entities in a structured format.
- (Semi) Automated Reporting: Streamline the preparation of your tax provisions.
- Centralized Data Hub: Gather, process, and report all your Pillar Two data from a single location.
Contact us to learn how this tool can help your organization.
Pillar Two Data Collection Questionnaire
The cloud-based tool helps simplify data collection for Pillar Two compliance. It features an easy-to-use interface with a two-step, dependency-based question set. The questionnaire adapts based on user responses, helping confirm that only relevant information is requested. This intuitive approach helps make the submission process faster and more efficient for your teams.
Contact us to learn more.
