The Side by Side Package: OECD’s New Framework for Global Minimum Tax
Overview
This webcast explains the Side by Side package, which allows for a U.S. exemption from Pillar Two, thereby easing international tax compliance while still complying with OECD’s global minimum tax directive.
Highlights
Prerequisites
Basic understanding of international taxation
Designed For
CPAs, international practitioners, large firms, medium firms
Objectives
- Differentiate the key components of the OECD Side by Side package, including new safe harbors for Qualified SbS Regimes, substance-based non-refundable tax incentives, and the simplified effective tax rate (ETR) rules.
- Determine the scope and implications of the U.S. exemption, and how it affects multinational groups headquartered or operating in the United States.
- Determine how the SbS safe harbors reduce compliance complexity under Pillar Two and where they may provide relief for affected entities.
- Distinguish strategic tax considerations, including how to leverage simplified rules while preparing for global minimum tax implementation.
- Analyze operational impacts, such as data requirements, reporting adjustments, and cross-jurisdictional coordination.
- Apply insights to strengthen internal readiness and reduce uncertainty in global minimum tax compliance.
Non-Member Price $59.00
Member Price $49.00