Pillar Two Transformation in the Middle East

Following the introduction of Pillar Two regulations, businesses must focus on the implications for their systems, processes, and technology. Executive teams should collaborate with their technology partners to develop and deploy the right technology strategies to comply with the new requirements.

When preparing for Pillar Two, businesses need to evaluate several factors from a technology perspective. These include assessing the integration with existing processes, the capabilities of current IT systems, and the degree of automation desired for tax compliance processes.

As next steps, businesses should consider technology enablement options and the current state of their Pillar Two implementation. This article aims to clarify key areas and emphasize critical actions organizations should take to ensure compliance and optimize their tax processes.