Complex Tax Calculations With a Single Source of Truth: Increase Agility With Longview Tax and Reduce Risk
Tax reporting isn’t as simple as it used to be. Global headwinds are encouraging corporations to pay
their fair share of taxes. On top of this, multinational enterprises (MNEs) that operate in multiple
jurisdictions must deal with additional complexities. Adding more jurisdictions to the mix means
higher risk of errors. If your company operates in more than one country or region, then you are
probably already aware of base erosion and profit shifting (BEPS 2.0), the Organization for Economic
Co-operation and Development (OECD) framework for global taxation changing the way global
organizations allocate profits among the group companies they control. Under this framework, Pillar
Two seeks to put a floor on competition over corporate income tax, through the introduction of a
global minimum corporate tax rate.
