Pillar Two: how safe is the safe harbor?
Cross-border Tax Talks
Navigating Tax Regulations and Purchase Price Adjustments
This chapter provides detailed insights into recent administrative guidance on tax regulations, emphasizing the importance of understanding the transitional safe harbor rules. It focuses on purchase price accounting adjustments, CBCUR reports, and the impact on local jurisdiction's book income. Additionally, it discusses handling transfer pricing adjustments, the use of financial statements for pillar two compliance, and criteria for meeting CBCR safe harbor through the routine profits test.
00:00
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
