The Pillar Two Side-by-Side Deal: What Does It Mean for MNEs and Where Do We Go From Here?

KPMG LLP invites you to join an upcoming webcast on the OECD's Pillar Two framework and the recent release of the "side-by-side" agreement. The guidance significantly changes the Pillar Two landscape by providing for an exclusion of U.S. parented groups from the Income Inclusion Rule (IIR) and Undertaxed Profits Rule (UTPR) under the “side-by-side” system, changes to the treatment of non-refundable tax incentives, and other safe harbors. 

In this timely webcast, speakers from Washington National Tax will provide an in-depth analysis of the new guidance and practical implications for U.S. multinationals.