Join our Transfer Pricing Webinar on Tuesday, 30 June 2020, 15.00 (CET) to discuss recent developments on the OECD’s initiative around taxing of the Digital Economy – and how our Pillar I Modelling can help you navigate and prepare for uncertainties.
The OECD proposals regarding the Taxing of the Digital Economy are wide-reaching reforms that will have a broad impact on the international tax framework. Furthermore, the OECD’s Pillar One proposal, if implemented, would dramatically change a century of international tax principles by creating new taxing rights that would reallocate taxable profit to jurisdictions with and without physical presence in a manner that deviates from the arm’s length principle. Pillar One targets large automated digital services and consumer-facing (digital and non-digital) businesses. It also notably includes non-digital B2B businesses whose end product is consumer facing.
About the webinar:
The published OECD guidance on Pillar One remains relatively high-level and a number of important variables remain unknown. However, we are seeing an increasing number of C-suite executives and tax departments who are interested in forecasting the potential impact of Pillar One on their ETR and/or cash tax profile.
The multiple variables of Pillar One mean that it is challenging to assess and understand all of the different potential consequences of Pillar One. To respond to this challenge, Deloitte has created a Pillar One Model to help MNEs navigate the Pillar One uncertainties. By combining technical analysis with intuitive, dynamic, and flexible modelling we are finding it is possible to better navigate the Pillar One challenges as the OECD proposal evolves.
In this webinar, we will briefly recap on the latest OECD guidance around Pillar 1, provide some practical insights around how MNEs can respond to the current situation and we will also provide a demonstration of Deloitte`s Pillar One Model.
15.00 – 15.05 welcome and introduction
15.05 – 15.20 Digital Economy Update and Expected Next Steps
15.20 – 15.45 Modelling Pillar 1 impact
15.45 – 16.00 Q&A and closing
- Martin Krivinskas - Partner, Transfer Pricing, Deloitte Switzerland
- Jeff Smoleroff - Director, Transfer Pricing, Deloitte Switzerland
- Arjan Oosterheert - Manager, Transfer Pricing, Deloitte Switzerland
- Bob Stack - Managing Director, Tax Deloitte US
- Ryan Duchene - Managing Director, International Tax, Deloitte US
If you would like to discuss more on this topic, please reach out to our key contacts below.