Searching for Pillar Two clarity: The OECD’s Administrative Guidance
Cross-border Tax Talks
English - March 08, 2023 16:00 - 34 minutes - 23.6 MB - ★★★★★ - 101 ratingsBusiness News Business News international tax tax cross-border tax global tax Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Pascal Saint-Amans: The Pillar Two Origin Story
Doug McHoney (PwC's US International Tax Services Global Leader) records from PwC’s 2023 International Tax Conference, where he is joined by Phil Ramstetter, PwC International Tax Partner based in Chicago. Phil was formerly a tax policy consultant for Business at OECD (BIAC). Doug and Phil overcome conference background noise to discuss the recent administrative guidance, but start with a history lesson on Pillar Two, when it was merely the Digital Project. Topics covered include blended CFC regimes, GILTI, expense apportionment, loss-making jurisdictions, transition period transactions, common control, the outlook for future guidance and some of the remaining open questions.