Proactive Step towards Pillar Two Take a proactive step towards Pillar Two compliance with PlaidCloud’s purpose-built tax allocation and calculation solution. Pillar Two requirements, implications, and challenges are summarized in the “Preparing for Pillar Two” article (read), written by PlaidCloud’s trusted Transfer Pricing Advisory Partner, Sean Faulkner, Co-Managing Partner of Valentiam Group. As described in […]
PlaidCloud recently attended the ITR Women in Tax Forum in New York City on March 6, 2024. The event gathered female tax directors and head of tax from various industries across the United States. Key takeaways from the event were based on live surveys during the event: 70% of respondents had started to plan for […]
Sean Faulkner, Co-Managing Partner of Valentiam Group Procuring and managing the data required for various transfer pricing compliance requirements has become an ever-increasing burden over the past decade for the tax departments of multinational companies. Between setting transfer prices, managing cost allocations, monitoring compliance with target margins, segmenting P&Ls, calculating TP adjustments, assessing transactional data […]
Sean Faulkner, Co-Managing Partner of Valentiam Group The previous installment, Preparing for Pillar Two (read here), touched on the tremendous data requirements of the GloBE Information Return (“GIR”) under the OECD’s new Global Anti-Base Erosion (“GloBE”) rules, portions of which are already being adopted by tax authorities worldwide. The OECD understands that the GIR requirements […]