BEPS pillar two: What lies ahead for MNEs?

MNEs should also begin preparing their compliance strategies, for agility is key to adapting to global tax changes.

TO date, over 50 countries implement the Organisation for Economic Cooperation and Development’s (OECD) base erosion and profit shifting (BEPS) pillar two rules, which ensure that multinational enterprises (MNEs) pay a global minimum tax of 15%.

However, major economies such as the United States, China, and India have yet to adopt it.