Understanding and implementing
Target audience
- Consolidators
- Controllers
- Financial directors and controllers
- Chartered accountants, statutory auditors
- Tax specialists
- Finance, consolidation and accounting managers
1 day
Pillar 2 training
Prerequisites
No prior knowledge is required.
The implementation of OECD Pillar 2 requires greater collaboration between tax specialists and consolidators. Our Pillar 2 training course is designed to give you the tools you need to understand and apply these new tax standards effectively, while optimizing interaction between teams.
Pillar 2 training objectives
◗ Deciphering the minimum tax requirements for groups under Pillar 2
◗ Determining the calculation method (companies concerned, base income for calculating the effective tax rate, etc.)
◗ Identify possible short- and medium-term simplifications
◗ Assess the impact on organization and information systems
Training content Pillar 2
◗ The beginnings of multinational tax reporting
- OECD projects and their implications for Europe and France
- Country by Country Reporting - Application principles and current developments
✔ EXPLORE | Group discussion: how is CbCR managed in your group?
◗ Tax aspects
- Group definition - Specificities of Pillar 2 definitions vs. scope of consolidation
- Definition of the Effective Tax Rate (ETR) by tax jurisdiction
- Determining the tax base: which result for which restatements?
- Determining which taxes to include in the calculation
- Payment of additional tax: who pays what and where?
✔ EXPLORE | Group discussion: what issues and discussions are going on
within your group?
✔ APPLY | Case study: determining a TIE
◗ Accounting aspects (key IFRS principles and IAS12 focus)
- From local standards to IFRS: moving from French taxable income (2058) to restated
IFRS and understanding this transition for the different tax jurisdictions of Group companies.
tax jurisdictions
- Deferred taxes: principles, recognition and determination - What impact on the monitoring of minimum tax?
minimum taxation?
✔ EXPLORE | Group discussion: what issues and discussions are going on
within your group?
◗ Expected impacts
- Short-, medium- and long-term simplifications: how can we make reporting more effective?
reporting efficiency?
- Organizational and information system impacts:
- Joint work to be planned for consolidation, tax and IT teams
and IT teams
✔ EXPLORE | Group discussion: what issues and discussions are going on
within your group?
Why choose this course?
The issue of minimum taxation for groups (Pillar 2) is a complex one, in that it requires multi-disciplinary teams to work together: accounting/consolidation,
taxation and IT. It also requires regular updating of knowledge due to changes in BOFIP rules.
This training course is designed to promote mutual understanding of the issues and problems to be resolved, with a view to increasing the relevance and efficiency of tax reporting on this subject.
Teaching and assessment methods
Before: self-assessment quiz
During the session : presentation accompanied by numerous illustrations drawn from current events and actual corporate communications. Immediate application of the points covered to ensure knowledge acquisition: discussions between participants and with the facilitator, development of roadmaps and application of the proposed methodology.
Afterwards: documentation.
The trainer is available to answer any questions relating to the training.
Price
1 295 € EXCL. TAX
Testimonials
Pillar 2 training
Pillar 2 training
Pillar 2 training
Jonathan C.
Company
Training