Mark Ryan is a Senior Manager in the International Tax and Transaction Services practice at EY. He has 12 years’ experience in EY’s Perth and London offices providing corporate and international tax advice to multinationals, with a particular focus on the resources industry.
The Inclusive Framework on BEPS has been pursuing fundamental reforms to the international tax regime, including moving the international tax rules beyond their traditional reliance on physical presence (Pillar 1) as well as the introduction of a global minimum effective tax rate on multinational groups on a country-by-country basis (Pillar 2). These reforms could impact a broad range of inbound and outbound multinational groups in Australia, beyond highly-digitalised businesses.
As the Inclusive Framework on BEPS seeks to conclude a consensus-based agreement, hear from David Bradbury, the Head of the OECD’s Tax Policy and Statistics Division, on the journey to here, the key issues all multinational taxpayers should be aware of, and what Australian businesses should consider doing now to understand the potential impact on them of these new rules.