In this episode of Tax Bites Podcast, we delve again into the intricate world of Pillar 2, what countries have done so far and we put a spotlight on Belgium's implementation of the new rules. Join us as we dissect the latest updates and explore the nuances of Belgium's implementation of this global tax initiative. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

A first critical look at the items addressed by the Administrative Guidance!  In this episode, we share our first impressions of the Administrative Guidance on Pillar 2 published by the OECD on Monday 18 December 2023. A wide range of issues related to transitional safe harbours, the GloBE Rules and the Commentary are addressed in the guidance. In addition, a new timeline with respect to Pillar 1 - Amount A was released. Tune in to get our first take on the released material! Don’t forget to register for our upcoming webinar trilogue (5, 6 and 7 February). Covering the latest state of pla ..read more

Future-proofing your statutory reporting function: managing transformations in the STAT & tax function In this fifth and final episode of our mini-series, we want to bring it all together. How do companies deliver in practice on the transformation of their STAT & tax function. How do they start such transformation projects? How do they manage execution and ensure continuity during the transformation? And finally, what does the future hold once the transformation project is completed? We also link back into the topics we touched upon in the previous episodes, closing the circle. Do not ..read more

In this episode, we unravel the intricacies of the Carbon Border Adjustment Mechanism (CBAM) introduced by the European Commission. From targeted industries to a two-phase implementation, we break down why CBAM matters and its impact on businesses. Explore critical deadlines, challenges, and practical steps for companies in the affected sectors. Tune in for key insights and ensure your organization is prepared to navigate the evolving landscape of carbon pricing in the EU. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

In this episode the speakers elaborate on PwC’s recently published Pillar Two Guide for EMEA Multinational Enterprises, which sets out the steps you need to take to be Pillar 2 compliant.  Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

In this episode of the Tax Bites Series, following the publication of the draft Multilateral Convention on Amount A and related documents on 11 October 2023, the speakers give an overview of the current state of play of Amount A.  They discuss how Amount A may impact your organization and how to prepare for it and conclude with some key-takeaways. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

In this episode of our mini-series, the discussion delves into the concept of tax ledgers within ERP systems. Hosted by Pieter, experts Jorgen, Oualid, and Bert explore the reasons for considering tax ledgers, their benefits, and their relevance in the context of changing tax regulations like Pillar 2. The episode highlights the importance of cost-benefit analysis and offers key takeaways for organizations looking to optimize their tax processes. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

On 12 September  the European Commission published its long anticipated BEFIT proposal together with a proposal for a transfer pricing directive. In this podcast we discuss the content of these proposals and reflect on the impact for business.  Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

In this episode the speakers will give an update on the current status and content of Amount B, what it means for businesses, next steps to consider along with some crystal ball predictions on the likelihood and breadth of the impact. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites ..read more

Future-proofing your statutory reporting function: how to accommodate compliant local statutory ledgers in your Business ERP? In this third episode of our mini series we look at the ideal end state - dual ledger accounting. How do you ensure you meet the local statutory and tax requirements while reaping the benefits of centralization and standardization across countries? We discuss a.o. how important it is for the STAT and TAX function to be involved in ERP transformation projects and address their requirements as from the start  as well as how to monitor the continuously changing e-invo ..read more