Is your financial institution ready to meet the complex requirements of the OECD’s new global minimum tax rules? Act now to prepare for BEPS Pillar Two.

From January 2024, more than 135 countries including the EU member states and the UK will begin phasing in a new set of regulations designed to ensure multinational companies pay their fair share of tax in every jurisdiction where they do business. To comply with the Global AntiBase Erosion Model (GloBE) rule – also known as Pillar 2 of the OECD’s Base Erosion and Profit Shifting (BEPS) initiative – companies will need to navigate new developments, meet complex requirements and develop a strategic plan for tax reporting backed by the right systems, tools and processes. Find out why organizations need to act now to ensure compliance – and how EY can help. #FutureOfTax #BEPS #FinancialServices

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