The 'Pillar Two' Global Minimum Tax / edited by Werner Haslehner [and three others].

Format:

Book

Contributor:

Edward Elgar Publishing, publisher.

Haslehner, Werner, editor.

Series:

Elgar tax law and practice.

Elgar Tax Law and Practice Series

Language:

English

Subjects (All):

Alternative minimum tax.

International business enterprises--Taxation--Law and legislation.

International business enterprises.

Physical Description:

1 online resource (352 pages)

Edition:

First edition.

Place of Publication:

Cheltenham, England : Edward Elgar Publishing Limited, [2024]

Summary:

"Bringing together leading experts in the field of tax law, this book comprehensively analyses the new global minimum taxation regime for multinational companies. Not only does it consider this unprecedented diplomatic achievement in its historic, economic, and political context, but the book also explores the intricate technical detail of the GloBE model rules. Key Features: Exploration of the Pillar Two proposal's formative development. Detailed discussion of key concepts such as process legitimacy. Examination of the Pillar Two objectives and the reasons which led to its adoption. Assessment of the interaction between the GloBE rules and national law, European law, and existing bilateral tax treaties. Consideration of the impact of the new regime on multinational businesses and the future interaction of states through tax competition. Step-by-step analysis of the complex set of GloBE model rules that have been put in place to make the minimum taxation regime effective. This authoritative book is an essential resource for legal practitioners practising in tax law, fiscal policy, and commercial law. The applied nature of the text is also of great benefit to policymakers working in the taxation sphere. Scholars and students of international taxation will similarly find this to be a useful reference"-- Provided by publisher.

Contents:

Front matter

Copyright

Contents

Extended contents

Contributors

1 Formative politics and policies of Pillar Two

2 The economics and impact of Pillar Two

3 The business perspective on the Pillar Two global minimum tax

4 The perceived (un)fairness of the global minimum corporate tax rate

5 The scope of Pillar Two

6 Computation of GloBE income or loss

7 Computation of the effective tax rate and the 'top-up tax'

8 The income inclusion rule and the undertaxed profits rule

9 A simplification safe harbour for Pillar Two

10 Tax neutrality regimes and GloBE

11 The Pillar Two top-up taxes and tax treaties

12 Pillar Two and EU law

Index.

Notes:

Description based on publisher supplied metadata and other sources.

Includes bibliographical references and index.

Description based on print version record.

Includes index.

ISBN:

1-03-530874-6