Browsing: Pillar

Right-leaning legal activists along with Elon Musk ’s artificial intelligence company have brought sweeping challenges against a cornerstone of legal enforcement in the United States: the right of private groups, people and local governments to sue over violations of many major laws

The OECD (Organisation for Economic Cooperation and Development) Pillar Two framework seeks to address the tax challenges arising from the digitalisation of the economy and a perceived “race to the bottom” on global corporation tax with wide-reaching implications for many international businesses. The main purpose is to reduce incentives for base erosion and profit shifting…

This updated In depth includes our responses to frequently asked questions on US GAAP accounting considerations related to the implementation of Pillar Two.