{"product_id":"annotations-on-the-oecd-global-dennis-weber-9789403543161","title":"Annotations on the OECD Global Anti-Base Erosion Model Rules (Pillar 2)","description":"\u003cp\u003eAlthough still under development, Pillar 2 of the OECD Global Anti-Base Erosion Model Rules is already posing significant challenges for taxation authorities worldwide. Intended to establish a floor in the possibilities for countries to compete for corporate investment with each other in the field of corporate income taxation, the Pillar 2 Rules arising from the OECD\/G20 Inclusive Framework have been agreed on by 140 countries. This book provides the first in-depth survey of the implications of the Rules for all stakeholders, with detailed annotations by nineteen renowned experts in the field of multinational corporate taxation who describe the relevant provisions with examples and considerations addressing their scope, functioning, and interaction.\u003c\/p\u003e Undergirded by a comprehensive discussion of the Rules, their technical operation, and the administrative guidance provided by OECD, topics covered include the following:  \u003cul\u003e \u003cli\u003e\n\u003cp\u003edefinitions of tax terms for Pillar 2 purposes;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ecomputation of income or loss, adjusted covered taxes, effective tax rate, and top-up tax;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ejurisdictional blending and loss offsets;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eeffect of corporate restructurings and holding structures;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003eexcluded categories of income;\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003ecarve-out opportunities under the Substance-Based Income Exclusion (SBIE);\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003etransitional country-by-country and time-limited safe harbours; and\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e\n\u003cp\u003edifferences and interactions between the OECD Global Anti-Base Erosion (GloBE) and both the EU Pillar 2 Directive and the US Global Intangible Low-Taxed Income (GILTI) regimes.\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e It has been estimated that the GloBE reform would produce a worldwide additional tax revenue of USD 200 billion annually. It has thus become imperative for taxation authorities, tax practitioners, and multinational corporate counsel to become as aware as possible of the intricacies of the Pillar 2 Rules, and for this reason, this detailed discussion and analysis will be greatly appreciated by taxation professionals worldwide.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Dennis Weber\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 9403543167\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9789403543161\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Kluwer Law International\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 09\/16\/2024\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 608\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 2.25lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.21h x 6.14w x 1.31d","brand":"Dennis Weber","offers":[{"title":"Hardcover","offer_id":48114084446463,"sku":"9789403543161","price":210.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_4c1bf84c-bbf5-4c7a-99e8-84b29242e5fc.jpg?v=1769619015","url":"https:\/\/www.whiterainbookhouse.com\/products\/annotations-on-the-oecd-global-dennis-weber-9789403543161","provider":"WR Book House","version":"1.0","type":"link"}