Pillar One: Amount B
The implementation of Amount B became a reality based on the Final Report released by the Organisation for Economic Cooperation and Development (OECD) on February 19, 2024. The report provides guidelines intended to simplify and streamline the application of the arm's length principle with regard to baseline marketing and distribution activities.
Why should taxpayers act on Amount B, now?
Recently, the OECD released a public consultation document on Amount B under Pillar One. The Inclusive Framework aims to complete its remaining work in time for the final report on Amount B to be incorporated into the OECD Transfer Pricing Guidelines in January 2024.
Article ESG Tax Seminar: Guidance to explore ESG
ESG is a trend that will alter the business environment beyond recognition in the near future. To better understand how ESG will impact tax, KPMG Meijburg organized the ESG Tax Seminar: Guidance to explore ESG, on Thursday, June 15, 2023. Sharing the latest ESG insights and developments, KPMG Meijburg delved into the world of ESG and Tax and explained why ESG is a trending topic that should be at the top of every tax agenda.