The implementation of BEPS (Base Erosion and Profit Shifting) Pillar Two brings significant challenges for multinational enterprises (MNEs) navigating the global minimum tax rules.
Unlike traditional outsourcing models, where compliance tasks are often fragmented and decentralized, Pillar Two demands centralized compliance processes due to its cross-jurisdictional complexity and the need for strict sequencing of calculations. For MNEs seeking a balanced approach between control and efficiency, the co-sourcing model with Orbitax’s Global Minimum Tax (GMT) solution offers the flexibility to maintain oversight of compliance while outsourcing critical aspects where local expertise is required.
This whitepaper explores how MNEs can leverage Orbitax’s technology to manage Pillar Two compliance in a co-sourced model, focusing on key differences between traditional outsourcing, the ongoing role of external advisors, and the unique benefits of Orbitax’s solution.
Key issues covered:
- Why Pillar Two Is Different from Typical Outsourcing?
- The Ongoing Role of Outsourcing in Pillar Two
- Advantages of the Orbitax Global Minimum Tax Solution in Pillar Two
To learn more about how the Orbitax GMT solution can optimize your Pillar Two compliance in a co-sourced model. Download your copy of Leveraging the Orbitax Global Minimum Tax Solution for BEPS Pillar Two in a Co-Sourced Model today.
ONESOURCE TAX SOLUTIONS
ONESOURCE — the industry’s most powerful portfolio of tax and accounting technology for corporations, delivers the intelligence, technology and human expertise you need to find trusted answers to navigate uncertain times. You’ll boost collaboration with departments and partners and ensure seamless tax compliance no matter where your company does business.