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What the BEPS October 2021 Pillar 1 and 2 Statement means for Oceania multinationals

In this first episode of the new BEPS Pillars 1 and 2 - Oceania podcast series, host Andrew Nelson explores key updates to come out of the OECD/G20 BEPS Inclusive Framework’s statement in October 2021 in relation to the Pillar 1 and 2 initiatives, with special comments from Matt Andrew (EY’s Asia Pacific Tax Policy Leader), Tony Merlo and Dean Madsen.

Related topics Tax Supply chain Global trade

On 8 October 2021, at the conclusion of a virtual meeting of the OECD/G20 Inclusive Framework, the OECD released a statement reflecting the agreement reached by 136 out of the 140 Inclusive Framework members on core design features of the two-pillar solution developed in the BEPS 2.0 project.

This podcast episode highlights the key developments flagged in this October 2021 Statement, including a timetable for implementation and key outstanding questions, from the perspective of Australian and New Zealand multinationals.

For your convenience, read the full transcript.

Presenters

Andrew Nelson
Andrew Nelson
EY Australia International Tax Partner
Matt Andrew
Matt Andrew
EY Asia Pacific Tax Policy Leader
Tony Merlo
Tony Merlo
EY Australia Tax Policy Partner
Dean Madsen
Dean Madsen
EY New Zealand International Tax Partner

Podcast

Duration 13m 34s