Tax Technology Consulting and Support

With the OECD's Pillar Two global minimum tax rules reshaping the international tax landscape, multinational enterprises (MNEs) operating in the Middle East must address the significant challenges these regulations present. Businesses need to focus on the practical implications for their systems, processes, and technology to ensure compliance. Collaboration with technology partners is crucial for deploying effective tax technology solutions that meet these new requirements.

When preparing for Pillar Two compliance, MNEs should evaluate several critical factors to ensure readiness from a technology and process perspective. These include assessing the integration with current business operations, the sophistication of existing IT and tax systems, and the desired level of process automation to improve efficiency and accuracy.

As next steps, businesses must explore various technology solutions and consider the progress of Pillar Two rule adoption within their jurisdictions. This document aims to clarify some of these complexities and emphasize essential focus areas for organizations working towards effective Pillar Two compliance.