Friday, April 15, 2022
Tax Coverage Heart Hosts Digital Convention At the moment On World Company Tax Reform: Why It’s Necessary and What It Will Do (And Not Do)
The Tax Coverage Heart hosts a digital convention on World Company Tax Reform: Why It’s Necessary and What It Will Do (And Not Do) right now at 10:30 a.m. – 12:00 p.m. EDT (registration):
Within the fall of 2021, the U.S. and over 130 nations representing greater than 90 p.c of world GDP agreed to vary the best way multinational companies are taxed. Treasury Secretary Janet Yellen says the two-pillar OECD/G-20 Base Erosion and Revenue Shifting (BEPS) settlement will finish the “damaging race to the underside on company taxation” that every 12 months deprives nations of billions of {dollars} in tax income. Pillar 1 will for the primary time allocate a share of the most important multinationals’ earnings to nations the place their items are consumed. Pillar 2 will fight tax competitors by encouraging nations to undertake a worldwide minimal tax on companies’ international revenue at a charge of 15 p.c.
On Friday, April 15, the Hutchins Heart on Fiscal & Financial Coverage and the City-Brookings Tax Coverage Heart will host an occasion to clarify the importance of the settlement; the way it will have an effect on multinational companies, superior economies, and growing economies; and the prospects for its implementation.
In the course of the dwell occasion, the viewers could submit questions at slido utilizing the code #GlobalTax or be part of the dialog on Twitter utilizing the hashtag #GlobalTax.
Audio system:
- Lily L. Batchelder (U.S. Treasury)
- Dhammika Dharmapala (Chicago; Google Scholar)
- Lilian Faulhaber (Georgetown; Google Scholar)
- Alexander Klemm (IMF; Google Scholar)
- Pam Olson (PwC)
- David Wessel (Brookings Establishment)
Featured Speaker:
- Thornton Matheson (Tax Coverage Heart)
https://taxprof.typepad.com/taxprof_blog/2022/04/tax-policy-center-hosts-a-virtual-conference-today-on-global-corporate-tax-reform-why-its-important-.html
