Pillar Two Global Compliance
From policy to practice: Tech-powered compliance
A seismic shift in the tax landscape
Pillar Two is a complex and global evolution in regulations, and it’s changing the entire landscape for large international businesses—including impacting data requirements, calculation, and reporting demands. With elevated demands, tax, finance, IT, and legal inputs require coordination across borders, and execution must be flawless.
That’s where Deloitte’s specialist knowledge and advice become invaluable. We’ve developed Pillar Two Agent, a cloud-based platform to integrate with our Pillar Two impact assessment and modelling tools to deliver the support you need—from initial assessment stages, all the way through to filing.
Our solutions are engineered to work for your global organization—allowing teams across the world to access, update, and review data in real time.
Our technology suite powers global compliance
Even before you complete your first return, you need to make decisions about ongoing compliance and reporting. From return validation to completing the required paperwork, here’s how Deloitte compliance specialists can help you fulfil your Pillar Two compliance responsibilities accurately and timely.
Pillar Two Global Compliance
According to Deloitte’s 2023 Tax Transformation Trends survey, the importance of complying with a changing tax environment is reflected in both the priorities and challenges tax departments say they will face over the next three to five years. They will need accurate, timely tax-related data that is integrated across their organization, whether to comply with Pillar Two, calculate their global tax liability, or assess indirect taxes owed in jurisdictions.
- €750mminimum revenue required for multinationals to comply with Pillar Two
- 15% effective tax rate payable on income arising in each jurisdiction of operation
- 143 countries participating in OECD Inclusive Framework
- 164 key data points needed for tax data mapping
Our thinking
Opens in new window
It’s a priority to meet compliance requirements, which are becoming significantly challenging these days, such as Pillar Two and e-reporting. All these new kinds of compliance are very connected to technology and digitalization.
- Jesus Bravo Fernandez, Head of Indirect Tax, Transfer Pricing, and Tax Technology, Coca-Cola Europacific Partners.
