BEPS Pillar Two: Understanding data requirements and managing data

Description

A recent survey conducted by Wolters Kluwer on the readiness of the market for BEPS Pillar Two revealed compelling insights on the challenges multinational organisations are facing when it comes to approaching BEPS Pillar Two and aligning their data and compliance strategies with the guidelines set out by the Organisation for Economic Co-operation and Development (OECD). The survey showed more than 77% of respondents answered yes to anticipating potential concerns or difficulties in obtaining the necessary data and information required for BEPS Pillar Two reporting and compliance. In this webinar, our panelists will unpack the reasons why the Pillar Two rules present such a significant and unprecedented challenge to multinational corporations - specifically in terms of understanding data requirements and managing data. They will also highlight the opportunities that are brought about as a result of these challenges and how multinational corporations can leverage these changes to assess their current processes and make decisions to not only ensure compliance, but also enhance efficiencies across the broader tax business. Join us in this engaging discussion to discover: • The significant challenges for corporates for understanding data requirements and managing data for BEPS Pillar Two and how these impact an organisations people, processes and technology • What are the opportunities to improve data and processes as a result of the BEPS Pillar Two requirements. • What actions should you be taking now and in the near future to alleviate the challenges and harness the opportunities • Opportunity to ask questions of our panel experts. Who should attend? Tax Managers, Tax Directors, Heads of Tax, Heads of Finance of large multinational organisations who are likely to be impacted by BEPS Pillar Two reporting obligations and are looking to assess their readiness. Speakers: Caroline Wright, Associate Partner at Ernst & Young Mel Kaddatz, Head of Consulting at Wolters Kluwer