The use of accounting information in the tax base in the Pillar 2 global minimum tax: a discussion of the rules, potential problems, and possible alternatives

Michelle Hanlon

Fiscal Studies, 2023, vol. 44, issue 1, 37-52

Abstract: In this paper, I provide a high‐level, non‐technical review of how accounting information is used in Pillar 2 and what this means for the tax base. In addition, I discuss potential problems of using accounting data explicitly in a minimum tax and then, specifically, as the starting point for the computation of the income measures in Pillar 2. I then discuss several alternative solutions that may be simpler – or at least no more complex – and, importantly, pose fewer problems in terms of the quality of financial accounting information and the information available to capital markets.

Date: 2023
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https://doi.org/10.1111/1475-5890.12320

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Persistent link: https://EconPapers.repec.org/RePEc:wly:fistud:v:44:y:2023:i:1:p:37-52

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