BEPS pillar 2 Global Minimum Tax
Multinational corporations will need to comply with the BEPS Pillar 2 Global Minimum Tax requirements.
Material impacts will need to be assessed, granular data will need to be collected in order to perform the necessary calculations.
The rules involve complex computations like GloBE income and effective tax rates (ETR) for each jurisdiction. Accounting standards vary requiring adjustments to reconcile financial accounting with GloBE rules.
The GloBE Information Return (GIR) introduces new international reporting standards.
These challenges will all need to be addressed to ensure timely compliance.
Meet GMT requirements with CCH® Tagetik
CCH® Tagetik Global Minimum Tax eases the transition with an end-to-end BEPS Pillar 2 process.
CCH® Tagetik offers an out-of-the box solution supporting the BEPS Pillar 2 data collection, calculations, reporting, CbCR, planning and performance management according to OECD guidance.
Key benefits
- End-to-End data collection & calculation. Automated aggregation and harmonization of tax, finance, HR, and consolidation of data across all jurisdictions
- Pre-Built Pillar Two Workflow. A preconfigured, OECD-compliant workflow, covering the five-step GloBE model and integration of safe-harbor rules (CbCR and simplified calculations)
- Guided processes for both Country-by-Country (CbCR) and GMT reporting, generating required templates and XML filings
- Automated preparation of GIR (GloBE Information Return) and CbCR filing
- Dashboards, audit logs, collaboration tools, configurable responsibilities and deadlines
- Allows what‑if analyses (e.g., ETR impact, cash flow, safe‑harbor testing) for scenario planning
- Enables simulation of business decisions and helps CFOs integrate tax impacts into broader planning
We can support you with:
How we can help
Our experts combine knowledge of the GMT tax requirements with in-depth technical capabilities of implementing CCH® Tagetik for GMT.
We have developed a best practice implementation approach that allows a smooth transition into business as usual.
