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ARTICLE · 28 NOVEMBER 2023

BEPS Pillar 1 And Pillar 2: Shining A Spotlight On Your Group Structure

Kroll
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BEPS 2.0 is top of mind for tax and finance leaders of large, global businesses as they assess the readiness of their groups to navigate this sweeping reform.

United KingdomTax
Eddie Bines
Eddie Bines
Lara Rosenbloom
Lara Rosenbloom
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BEPS 2.0 is top of mind for tax and finance leaders of large, global businesses as they assess the readiness of their groups to navigate this sweeping reform. BEPS stands for Base Erosion and Profit Shifting, but what does it signify? And should you be refocusing on your group structure as a result?

In a shake-up to the international tax system, the Organisation for Economic Co-operation and Development (OECD) has introduced a framework of rules and standards, essentially to mitigate against profit-shifting from high-tax to low-tax territories and ensure that income is taxed at an appropriate rate.

Comprising two Pillars, BEPS has brought strategic tax and group structure planning to the forefront of the boardroom agenda.

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