- This event has passed.
Are you ready for Pillar 2?
March 7 @ 1:00 pm – 2:30 pm EST
The U.S. initiated a global minimum tax, but the international community will be first to implement it. The Organization for Economic Cooperation and Development’s (OECD’s) Pillar 2 framework has been approved, and many countries will implement the global anti-base erosion (GloBE) standards soon.
While the U.S. international tax regime enacted by the Tax Cuts and Jobs Act of 2017 (TCJA) has not been adapted to meet the Pillar 2 framework, multinational entities (MNEs) will be subject to the regime – and top-up taxes – in non-U.S. jurisdictions where they operate.
In addition, the IRS is using increased funding under the Inflation Reduction Act of 2022 to increase audits of large corporations and partnerships. The IRS also has indicated that part of its focus will be on complex international tax issues like transfer pricing.
Taxpayers soon could feel the effects of increased IRS hiring and better training. Recent cases bear this out. This webinar will provide MNEs with a better understanding of the issues they will be facing – and provide practical guidance on how to be ready to navigate the global tax environment in which they operate.
Learning objectives
After participating in this event, you should be able to:
- Describe recent U.S. tax developments in light of Pillar 2 rules
- Explain Pillar 2 calculation methodology
- Identify pertinent transfer pricing issues on cross-border intercompany transactions
Continuing professional education
Prerequisites: None
Program level: Basic
Advance preparation: None
Delivery method: Webinar (group internet based)
Field of study: Tax
There is no registration fee for participating in this webinar; therefore, there is no cancellation fee.
Note: All participants MUST be logged into the webinar INDIVIDUALLY to receive CPE credit. CPE credit will only be granted in the name of the individual logged into the LIVE presentation. Crowe is unable to grant CPE credit for groups viewing the webinar or for viewing on-demand recordings of the webinar.
Presenters
John Kelleher, Partner, Tax
Sowmya Varadharajan, Principal, Tax
Matt Marek, Senior Manager, Tax
Additional information
For additional information, please contact Trina Tapo.
