KPMG report: Transfer pricing implications of Pillar Two minimum tax rules
Four reasons why businesses would benefit from involving their transfer pricing teams more closely as they prepare for Pillar Two
Why businesses would benefit from involving their transfer pricing teams more closely
The Pillar Two minimum tax (or global anti-base erosion (GloBE)) rules are coming soon with many countries expecting to implement a qualified domestic minimum top-up tax (QDMTT) and/or an income inclusion rule (IIR) starting in 2024. Multinational enterprises’ Pillar Two response has so far been led primarily by the international tax planning or provision teams.
Read a December 2023 report* [PDF 221 KB] prepared by KPMG LLP tax professionals that discusses four reasons why businesses would benefit from involving their transfer pricing teams more closely as they prepare for Pillar Two.
* Reproduced with permission from Tax Management International Journal, 14 December 2023. Copyright @ 2023 by Bloomberg Industry Group, Inc. (800-372-1033) http://www.bloombergindustry.com
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