Cryptocurrency Q&A
What is the point of Pillar 2?
What is the point of Pillar 2?
Alessandra
Fri Nov 08 2024
|
5 answers
942
I'm trying to understand the purpose or significance of Pillar 2. Could you explain what the main point or objective of Pillar 2 is?
5 answers
ethan_harrison_chef
Sun Nov 10 2024
The Pillar Two Rules represent a significant aspect of international tax reform.
Was this helpful?
48
67
Martino
Sat Nov 09 2024
These rules are part of the OECD's framework, which has been designed to address tax challenges faced by multinational enterprises (MNEs).
Was this helpful?
143
93
Tommaso
Sat Nov 09 2024
Specifically, Pillar Two aims to ensure that MNEs with global revenues exceeding €750 million pay an adequate level of tax.
Was this helpful?
376
90
OceanSoul
Sat Nov 09 2024
This minimum effective tax rate is meant to be applied within each jurisdiction where the MNE operates.
Was this helpful?
65
71
emma_anderson_scientist
Sat Nov 09 2024
The objective is to prevent tax avoidance strategies and ensure a fairer distribution of tax burdens among countries.
Was this helpful?
310
42
