14 gennaio 2022

CefES2022 Tax Planning Workshop

The two-pillars approach to international corporate tax reform: political context, open technical issues and economic implications for the European union

Achieving fair taxation of multinational enterprises has been a high priority on the international tax policy agenda for a long time, as governments attempt to find an effective solution to the tax challenges posed by the increasing digitalisation of the economy and the resulting changes in value creation processes. One of the international tax community's main aims in recent years has been to change the way taxing rights are distributed and to introduce a global minimum effective tax.A crucial signal in favour of multilateralism, cross-border cooperation and fair taxation was sent out on 8 October 2021: The OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting agreed on a two-pillar solution to address the tax challenges arising from the digitalisation of the economy.

Scheduled for the 14 January 2022, this virtual event presents a timely opportunity to discuss the outcomes of the global deal on the reform of the international corporate tax framework. The conference will provide a platform for an exchange on the fundamental architecture and elements endorsed in October. We will discuss broader implications at European level and the way forward regarding implementation of the new international tax rules locally.

The conference will be divided into three sessions focusing on:

the global tax deal: institutional, business and trade union perspectives (panel 1);
the technical aspects of the global tax deal (panel 2);
the economic impact of the global tax deal (panel 3).