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BEPS 2.0: OECD Pillar One and Pillar Two

Ireland agrees to sign up to OECD Inclusive Framework political agreement on the OECD two-pillar approach

Oct 2021

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Ireland will sign up to the OECD Inclusive Framework political agreement on the two-pillar approach, following approval by the Irish Cabinet.

G20 agreement on Pillars 1 and 2

Jul 2021

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On 10 July 2021, the G20 endorsed that broad framework for Pillars 1 and 2 and the ambitious timetable for bringing the new rules into force in 2023.

OECD Inclusive Framework Agreement reached on BEPS 2.0

Jul 2021

Article

There has been a further breakthrough in the process to reach international agreement on the BEPS 2.0 proposals, aimed at addressing the tax challenges arising from the digitalisation of the economy.

G7 Finance Ministers reach consensus on Pillar 1 and Pillar 2 proposals

Jun 2021

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On Saturday 5 June 2021 the G7 finance ministers reached political consensus on proposals for a global minimum corporation tax of at least 15% to be determined on a country by country basis.

The EU Commission sets out its immediate tax policy agenda

Jun 2021

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The European Commission's "Communication on Business Taxation for the 21st Century", published on 18 May 2021, sets out a number of tax proposals it aims to have implemented in the immediate future.

OECD Global Minimum Taxation Rules and IP Regimes

Apr 2021

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The OECD Pillar Two Blueprint published on 12 October 2020 is aimed at addressing challenges relating to the taxation of the digital economy.

A deal on BEPS 2.0 could cost Ireland 20% of its corporation tax revenues

Apr 2021

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Speaking at an Irish Department of Finance international tax seminar, held virtually on 21 April 2021, Irish Finance Minister Pascal Donohue indicated that the cost to Ireland of agreement on BEPS 2.0 is...

Overview of the Pillar 1 Proposed Tax Dispute Resolution Process

Feb 2021

publication

Pillar 1 of BEPS 2.0 is made up of two parts. One part, Amount A allocates a portion of deemed residual profits of certain in-scope multinational enterprises (MNE) to market jurisdictions.

Inconsistencies in the US approach to BEPS 2.0 Project?

Feb 2021

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Philip McQueston, Of Counsel, spoke with US and Brazilian attorney José Rubens Scharlack about inconsistencies José sees in the US position concerning the BEPS 2.0 project, highlighted in a recent article...

ALG contributes to the IBA Taxes Committee submission to the OECD regarding the blueprints

Jan 2021

article

On 12 October 2020, the OECD/G20 Inclusive Framework on BEPS released the Pillar One and Pillar Two Blueprints, together with a public consultation document seeking stakeholder input on the Blueprints.

Consultation on the BEPS 2.0 blueprints

Jan 2021

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What could be the final public consultation meeting on the BEPS 2.0 blueprints will be held this week on 14 and 15 January 2021.

Background to the Blueprints and the OECD Two-Pillar Approach

Dec 2020

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The matter of directly addressing the tax challenges of the digitalised economy was effectively parked in the course of the OECD’s base erosion and profit shifting (BEPS) project.

Key features of Pillar One and Pillar Two

Dec 2020

publication

On 12 October 2020, the OECD published its reports on the ‘Blueprints’ for its two-pillar proposal to address both the tax challenges arising from the digitalisation of the economy and the remaining...

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BEPS 2.0: OECD Pillar One and Pillar Two

Ireland agrees to sign up to OECD Inclusive Framework political agreement on the OECD two-pillar approach

G20 agreement on Pillars 1 and 2

OECD Inclusive Framework Agreement reached on BEPS 2.0

G7 Finance Ministers reach consensus on Pillar 1 and Pillar 2 proposals

The EU Commission sets out its immediate tax policy agenda

OECD Global Minimum Taxation Rules and IP Regimes

A deal on BEPS 2.0 could cost Ireland 20% of its corporation tax revenues

Overview of the Pillar 1 Proposed Tax Dispute Resolution Process

Inconsistencies in the US approach to BEPS 2.0 Project?

ALG contributes to the IBA Taxes Committee submission to the OECD regarding the blueprints

Consultation on the BEPS 2.0 blueprints

Background to the Blueprints and the OECD Two-Pillar Approach

Key features of Pillar One and Pillar Two