News articles written by Isabel Verlinden

December 20 OECD/G20 Pillar 2 GloBE Model rules

20 December 2021

A ten minutes tour of: The introduction of a global minimum taxation of 15% Some salient new points, such as inclusion of deferred taxes to calculate jurisdictional ETR The importance of modeling to understand the impact The ambitious timeline for implementation  Earlier today, the OECD published the long awaited Global Anti-Base Erosion Model Rules (Pillar

G7 commits to a global minimum tax of at least 15% and taxation of digitalised economy

9 June 2021

The G7 finance ministers published on 5 June 2021 a Communiqué announcing that they reached a high-level political agreement on a global tax reform. In particular, they agreed on the reallocation of a share of the profits of certain multinational enterprises to market jurisdictions (Pillar 1) and a global minimum tax of at least 15%

Tax Bites Podcast – EU Business Taxation Roadmap

18 May 2021

EU Roadmap for Business Taxation: EU Dynamite?  On 18 May 2021, an important development in EU Tax policy took place when the European Commission announced their roadmap for Business Taxation for the 21st Century. This roadmap, published today, outlines 5 actions that the European Commission proposes to take in the coming months in Europe (some

The impact of COVID-19 on routine profits

29 May 2020

Evidencing downward adjustments for limited risk entities commands more than a quick browse through high-level macroeconomic trends. As many companies consider to adjust their transfer pricing (TP) policies as a result of the current economic situation, we’ve performed a robust macroeconomic analysis linked to some 180,000 company data points. The approach is rooted in work

OECD publishes PE discussion draft (artificial avoidance)

4 November 2014

The OECD has published its discussion draft on the Preventing of Artificial Avoidance of permanent establishment (PE) Status. This publication follows the BEPS (Base Erosion and Profit Shifting) timeline. A fundamental change to the existing PE rules, with a potentially wide impact on many structures currently in use by MNCs, are proposed in the OECD