Pillar 2 - Application and Recent Evolutions

Pillar 2 represents a major development in international taxation. This training provides a practical and accessible introduction to the key principles of Pillar 2 and the top-up tax, covering which entities may be in scope, how the tax is calculated and collected, which exemptions may apply and the main filing obligations.

At the end of the training, participants will be able to:

• Identify groups and entities potentially within the scope of Pillar 2 rules;

• Explain the general operation of the top-up tax and the main steps involved in its collection;

• Describe the key steps in calculating the top-up tax, including the determination of the effective tax rate and the application of the minimum tax rate;

• Identify the main exclusions and exemptions provided for under the Pillar 2 rules;

• Understand the main filing obligations and information requirements.

• Introduction to Pillar 2 and the international tax context

• Who is in scope of Pillar 2?

  • Groups concerned and main exclusions

• How does the top-up tax work?

• How is the top-up tax calculated?

  • General principles for calculating the effective tax rate and the top-up tax

  • Main exemptions and exclusions

• How is the top-up tax collected?

  • General principles and allocation mechanisms

• Filing obligations

  • Overview of the main filing requirements and deadlines

• Practical examples and key takeaways

Tax, accounting, finance and business professionals wishing to acquire a general understanding of Pillar 2 and its main implications.