Pillar Two – Calculating Top-up Tax - Part one
THIS WEBINAR WAS RECORDED ON THE 20TH JULY 2022 AND IS NOW AVAILABLE ON-DEMAND
A lot of businesses are likely to be caught by the OECD’s Pillar Two (GloBE) rules from 1 January 2024. UK groups with annual revenues exceeding €750m pa to be precise.
If you've not started the process of preparing already, then it's time you start thinking about it. This webinar covers identifying jurisdictions where a ‘Top-up Tax’ charge may arise, calculating the charge and the information needed. The rules are complex, and preparation for 1 January 2024 needs to be underway as soon as possible.
• How GloBE income & Adjusted Covered Taxes are calculated
• How these feed into an ETR for a territory
• What profits the ETR is applied to compute Top-up Tax
• What profits the ETR is applied to compute Top-up Tax
• Where to find the information for these calculations
Glyn Fullelove
Glyn Fullelove is a Chartered Accountant and chartered tax adviser. He has worked in tax for over 30 years.
Glyn qualified with Arthur Andersen and was a partner and Head of International Tax for Robson Rhodes before moving into commerce in 1998.