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What is the Interaction Between Pillar Two and Transfer Pricing?

11.25.2024 | Duration: 16:29

Understanding the critical link between Pillar Two and transfer pricing

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Podcast overview

Delve into the intricate relationship between Pillar Two and transfer pricing in this episode of the KPMG Exploring Transfer Pricing podcast. As the OECD’s Inclusive Framework introduces Pillar Two to ensure a minimum level of taxation for multinational groups, understanding its implications on transfer pricing has become paramount.

How does Pillar Two affect the preparation and use of Country-by-Country reports? What are the critical components of the transitional Safe Harbor test under Pillar Two? And what role does operational transfer pricing play in managing Pillar Two compliance?

Join our host, Brittany Hardin Tanguay, as she explores these pivotal questions with Lucia Barone, a tax partner with KPMG Italy, and Kathy Lim, a tax partner based in Belgium. Together, they provide valuable insights and practical advice to help multinational groups navigate the complexities of Pillar Two.

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Pillar Two compliance

Under the new Pillar Two minimum tax regime, companies now face new complex tax reporting requirements. Many multinational enterprises (MNEs) impacted by Pillar Two have already started preparing for these new reporting requirements.

BEPS 2.0: Pillar Two
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BEPS 2.0: Pillar Two

KPMG insights about the impact of the Pillar Two—global minimum tax rules—and how companies are responding

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