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Following the completion of year-end reporting in the UK, multinational enterprises (MNEs) are now gearing up to tackle their next reporting challenge- BEPS Pillar Two reporting. This entails complying with new requirements and gathering increased data points to calculate Pillar Two top-up tax liabilities and meet disclosure obligations. Recognising the impending compliance burden, Wolters Kluwer, a global leader in professional information, software solutions, and services, has developed a groundbreaking solution to help impacted organisations manage and streamline complexities associated with Pillar Two reporting.
Wolters Kluwer’s BEPS Pillar Two technology solution, built on their robust corporate tax performance management platform, CCH Integrator, aims to revolutionise the management of tax reporting and compliance for MNEs. Crafted to simplify the complexities of compliance and reporting obligations brought about by BEPS Pillar Two, this solution harnesses advanced technology to enable tax teams to navigate and automate Pillar Two obligations efficiently, ensuring accuracy and effectiveness in compliance efforts.
In collaboration with BDO UK, a leading global tax advisory firm, Wolters Kluwer will be hosting a webinar on 24 April 2024 to discuss the importance of BEPS Pillar Two readiness and how to leverage technology to simplify and automate Pillar Two compliance. The webinar will provide practical insights and actionable steps for MNE tax teams to assess and prepare for BEPS Pillar Two, featuring case studies and a preview of Wolters Kluwer’s CCH Integrator solution.
“We are excited to collaborate with BDO to showcase practical steps to assessing and preparing for BEPS Pillar Two,” says Wolters Kluwer Consulting Services Manager of Enterprise Software Lucia Higgs.
Whether used independently or integrated with the platform’s tax provisioning functionality, MNE tax teams can access a comprehensive suite of tools tailored to their specific requirements. This adaptability facilitates seamless integration into existing workflows, minimising disruptions and maximising productivity.
“Wolters Kluwer’s BEPS Pillar Two solution marks a significant advancement in simplifying and streamlining tax reporting and compliance for multinational enterprises. By leveraging advanced technology and domain expertise, CCH Integrator empowers tax teams to navigate the complexities of Pillar Two obligations confidently and efficiently. As MNEs gear up to tackle evolving tax regulations, we are here to provide steadfast technology support to help modernise their tax function,” says Lucia.
Join BDO and Wolters Kluwer in this upcoming webinar to discover how this flexible and cost-effective technology solution can help empower your tax teams and streamline global compliance and reporting processes.
Webinar details:
Tax Automation and Innovation – Part 14: Mastering BEPS Pillar Two
Date: 24 April 2024
Time: 10:00-10:30 AM GMT
Click here to register.