Global Anti-Base Erosion Rules and IFRS 17: Difference between pages

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imported>Doug Williamson
(Create page - source - OECD - https://www.oecd.org/tax/beps/tax-challenges-arising-from-the-digitalisation-of-the-economy-global-anti-base-erosion-model-rules-pillar-two.htm)
 
imported>Doug Williamson
(Add link to IAS Plus)
 
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''Tax - Organisation for Economic Co-operation and Development (OECD) - base erosion and profit shifting (BEPS).''
International Financial Reporting Standard 17, dealing with insurance contracts.


(GloBE).
IFRS 17 establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts.


The Global Anti-Base Erosion Rules are published by the OECD and are designed to ensure that large multinational enterprises pay a minimum rate of corporate tax on the worldwide profits.


IFRS 17 applies to annual reporting periods beginning on or after 1 January 2023.


== See also ==
It replaces IFRS 4.


* [[Base erosion and profit shifting]]  (BEPS)
* [[Corporation Tax]]
* [[Effective tax rate]]  (ETR)
* [[Financial reporting]]
* [[Global minimum corporate tax rate]] 
* [[G7]]
* [[Income Inclusion Rule]]  (IIR)
* [[Income Tax]]
* [[Multinational corporation/company]]
* [[Nexus rule]]
* [[Organisation for Economic Co-operation and Development]] (OECD)
* [[Parent company]]
* [[Pillar 1]]
* [[Pillar 2]]
* [[Profit shifting]]
* [[Regime]]
* [[Risk management]]
* [[Sister company]]
* [[Subject To Tax Rule]]  (STTR)
* [[Tax ]]
* [[Tax avoidance]]
* [[Tax compliance]]
* [[Tax evasion]]
* [[Tax haven]]
* [[Tax rate]]
* [[Top-up Tax]]
* [[Transfer pricing]]
* [[Undertaxed Payments Rule]]  (UTPR)


==See also==
* [[IFRS 4]]
* [[Insurance]]
* [[International Accounting Standards Board]]


==External links==
https://www.iasplus.com/en/standards/ifrs/ifrs-17 IFRS 17 - IAS Plus
*[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:Compliance_and_audit]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Intercompany_funding]]
[[Category:Investment]]
[[Category:Long_term_funding]]

Revision as of 17:12, 2 March 2022

International Financial Reporting Standard 17, dealing with insurance contracts.

IFRS 17 establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts.


IFRS 17 applies to annual reporting periods beginning on or after 1 January 2023.

It replaces IFRS 4.


See also

https://www.iasplus.com/en/standards/ifrs/ifrs-17 IFRS 17 - IAS Plus

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