Pillar 2 - Revision history

Doug: Differentiate banking and tax rules.

2024-09-13T22:08:01Z

Differentiate banking and tax rules.

@@ Line 1: / Line 1: @@
-.  ''Banking - regulation.''
+.  ''Banking - supervision - regulation.''
-(P2).
+In banking supervision and regulation, Pillar 2 addresses firm-wide governance and risk management, among other matters.
 Additional capital requirements may be imposed by bank supervisors under Pillar 2, depending on their evaluation of banks' internal assessments of their risks and capital requirements.
 .  ''Tax - profit shifting - Global Minimum Tax - Organisation for Economic Co-operation and Development (OECD).''
-Pillar 2 of the OECD's tax reforms agreed in 2021 provides detailed rules to implement a global minimum tax rate of 15% on large multinational enterprises.
+In international taxation, Pillar 2 of the OECD's tax reforms agreed in 2021 provides detailed rules to implement a global minimum tax rate of 15% on large multinational enterprises.
@@ Line 54: / Line 19: @@
 * [[Corporation Tax]]
 * [[Effective tax rate]]  (ETR)
 * [[Global Anti-Base Erosion Rules]]  (GloBE)
 * [[Income Inclusion Rule]]  (IIR)
 * [[Internal Capital Adequacy Assessment Process]]
 * [[Multinational corporation/company]]
@@ Line 73: / Line 30: @@
 * [[Pillar 2 - global tax rules]]
 * [[Pillar 3]]
 * [[Profit shifting]]
 * [[Prudential Regulation Authority]]  (PRA)

2024-09-13T09:29:43Z

Add links.

2022-12-04T21:30:16Z

Mend link.

← Older revision		Revision as of 21:30, 4 December 2022
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	* [[Tax haven]]		* [[Tax haven]]
	* [[Tax rate]]		* [[Tax rate]]
	* [[Top-up ~~tax~~]]		* [[Top-up Tax]]
	* [[Transfer pricing]]		* [[Transfer pricing]]
	* [[Undertaxed Payments Rule]] (UTPR)		* [[Undertaxed Payments Rule]] (UTPR)

2022-12-04T21:27:38Z

Remove surplus link.

2022-12-03T21:38:40Z

Layout.

← Older revision		Revision as of 21:38, 3 December 2022
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	* [[European Union]]		* [[European Union]]
	* [[Financial reporting]]		* [[Financial reporting]]
	* [[Global Anti-Base Erosion Rules]] (GloBE]		* [[Global Anti-Base Erosion Rules]] (GloBE)
	* [[Gross domestic product]] (GDP)		* [[Gross domestic product]] (GDP)
	* [[Group]]		* [[Group]]

2022-12-03T21:03:28Z

Mend link.

← Older revision		Revision as of 21:03, 3 December 2022
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	==External links==		==External links==
	*[https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm OECD - Tax Challenges Arising from the Digitalisation of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two) - Commentary]		*[https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm OECD - Tax Challenges Arising from the Digitalisation of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two) - Commentary]
	*[https://www.oecd.org/tax/beps/pillar-two-model-rules-in-a-nutshell.pdf - Pillar Two rules in a nutshell - OECD]		*[https://www.oecd.org/tax/beps/pillar-two-model-rules-in-a-nutshell.pdf Pillar Two rules in a nutshell - OECD]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2022-12-03T21:03:01Z

Add link.

← Older revision		Revision as of 21:03, 3 December 2022
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	==External ~~link~~==		==External links==
	*[https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm OECD - Tax Challenges Arising from the Digitalisation of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two) - Commentary]		*[https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm OECD - Tax Challenges Arising from the Digitalisation of the Economy – Global Anti-Base Erosion Model Rules (Pillar Two) - Commentary]
			*[https://www.oecd.org/tax/beps/pillar-two-model-rules-in-a-nutshell.pdf - Pillar Two rules in a nutshell - OECD]

	[[Category:Accounting,_tax_and_regulation]]		[[Category:Accounting,_tax_and_regulation]]

2022-12-03T14:34:27Z

← Older revision		Revision as of 14:34, 3 December 2022
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	Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.		Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.

			---

2022-12-03T14:34:04Z

Layout.

← Older revision		Revision as of 14:34, 3 December 2022
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	'''''UK Pillar 2 supervisory reviews'''''		'''''UK Pillar 2 supervisory reviews'''''

	The UK supervisor is the Prudential Regulatory Authority (PRA).		The UK supervisor is the Prudential Regulatory Authority (PRA).

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	'''''IRRBB'''''		'''''IRRBB'''''

	Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.		Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.

2022-12-03T14:33:44Z

Layout.

← Older revision		Revision as of 14:33, 3 December 2022
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	~~=====~~UK Pillar 2 supervisory reviews~~=====~~		'''''UK Pillar 2 supervisory reviews'''''
	The UK supervisor is the Prudential Regulatory Authority (PRA).		The UK supervisor is the Prudential Regulatory Authority (PRA).

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	~~=====~~IRRBB~~=====~~		'''''IRRBB'''''
	Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.		Most regulators worldwide treat Interest Rate Risk in the Banking Book (IRRBB) as a Pillar 2 risk.