BEPS 2.0 Pillar Two: the latest OECD releases – first impressions
After months of intense activity, the Organisation for Economic Co-operation and Development (OECD) has released information on the design of the side-by-side system and permanent safe harbor.The side-by-side system will exempt certain groups, notably US-parented groups and their foreign subsidiaries, from the Income Inclusion Rule (IIR) and Undertaxed Profits Rule (UTPR). The permanent safe harbor reduces...

