With the introduction of Pillar 2, tax accounting has become increasingly important. Tax accounting knowledge is vital to understand Pillar 2 calculations because tax accounting data will be a part of the Pillar 2 calculation. Therefore, there is an increased attention to correctly and timely report the tax position. The course Tax Accounting for Pillar 2 provides a structural approach to your tax accounting calculation and makes the link to the calculation of GloBe Income and Covered Taxes. This course will be held by
Winfred Damler,
Rene van Gassen &
Matteus Benjaro.
The training consists of three blocks:
- Tax accounting: the basic concepts
- Tax accounting: special subjects relevant for Pillar 2
- Tax accounting: Pillar
Investment
The costs of the two-day course are 15 000 SEK - exclusive of VAT
This includes:
- Course material
- Day 1: including breakfast, coffee break and lunch
- Day 2: including breakfast, coffee break and lunch
Course objectives
- You develop tax accounting knowledge relevant for Pillar 2
- You build and increase your understanding of the concepts of Tax Accounting
- You gain a good understanding of the GloBe Income and Covered Taxes calculation.
- You build your understanding of the link between tax accounting and Pillar 2.
Building block 1: Tax Accounting - The basic concepts
- Temporary and permanent differences
- Current tax calculation
- True-ups and return-to-accrual adjustments
- Deferred tax calculation
- Deferred tax asset recognition
- Uncertain tax positions
- Reconciliation of tax positions
- Total tax
- Effective tax rate and rate reconciliation
Building block 2: Tax Accounting - Special subjects relevant for Pillar 2
- Business combinations
- WHT / Outside basis difference
Building block 3: Pillar ll calculation and accounting for Pillar 2
- Safe harbor rules
- GloBe Income calculation
- Covered taxes calculation
- Effective tax rate for Pillar 2 and top-up tax
- Accounting for Pillar 2
