Will Morris, PwC’s Global Tax Policy Leader and former Director of Global Tax Policy at General Electric, shares insights on the intricate world of global tax policy. He discusses the intersection of tax and trade, emphasizing the need for a cohesive strategy amidst geopolitical shifts. Will also delves into digital services taxes and their potential impact on multinational corporations. The conversation touches on Pillar Two, highlighting how the UnderTaxed Payments Rule could reshape the landscape, and the evolving role of the UN in global tax reforms.

Doug McHoney, PwC's International Tax Services Global Leader, and Will Morris, PwC's Global Tax Policy Leader, discuss the progress of Pillar Two. They explore the administration and adjudication process, potential FAQs and future guidance from the OECD, the recent EC guidance, retroactive OECD guidance implementation, and business participation in the process.