Income Inclusion Rule and Peer: Difference between pages

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''Tax - profit shifting - Global Minimum Tax - Organisation for Economic Co-operation and Development (OECD) - Pillar 2.''
1.  ''Working effectively with others - performance.''


(IIR).
A peer is an individual of similar seniority or an organisation operating in the same sector, usually of similar size.


The Income Inclusion Rule is the primary calculation mechanism to ensure that large multinational entities are subject to a global minimum tax rate.


The tax jurisdiction of the ultimate parent collects top-up tax in relation to foreign subsidiaries with effective tax rates below the minimum rate of 15%.
2.  ''Corporate performance.''.


Abbreviation for peer company or business.


:<span style="color:#4B0082">'''''Two interlocking rules'''''</span>


:"The [Pillar 2] provisions are made up of the following two interlocking rules:
==See also==
 
*[[Coach]]
:• Income Inclusion Rule (IIR): this is the primary calculation mechanism. The ultimate parent territory collects the top-up tax associated with foreign subsidiaries with an effective tax rate (ETR) below 15%.
*[[Coaching]]
 
*[[Peer coaching]]
:• Undertaxed Payments Rule (UTPR): subsidiary territories collect the top-up tax in respect of a low-taxed overseas sister or parent company, where it is not captured by a parent territory IIR."
*[[Peer company]]
 
* [[Peer-to-peer]]
:''Graham Robinson, international tax and treasury partner PwC & Iain McDonald international tax and treasury director PwC - The Treasurer, Issue 4 2022 - December 2022, p40.''
*[[Peer review]]
 
*[[Performance]]
 
*[[Performance management]]
== See also ==
*[[Skills and performance coaching]]
 
*[[Working effectively with others]]
* [[Base erosion and profit shifting]] (BEPS)
* [[Corporation Tax]]
* [[Domestic Minimum Tax]]
* [[Effective tax rate]] (ETR)
* [[Global Anti-Base Erosion Rules]] (GloBE)
* [[Income Tax]]
* [[Multinational corporation/company]]
* [[Nexus rule]]
* [[Organisation for Economic Co-operation and Development]] (OECD)
* [[Parent company]]
* [[Pillar 1]]
* [[Pillar 2]]
* [[Profit shifting]]
* [[Regime]]
* [[Sister company]]
* [[Subject To Tax Rule]]
* [[Tax ]]
* [[Tax avoidance]]
* [[Tax compliance]]
* [[Tax evasion]]
* [[Tax haven]]
* [[Tax rate]]
* [[Top-up tax]]
* [[Transfer pricing]]
* [[Undertaxed Payments Rule]]  (UTPR)
 
 
==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/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]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Long_term_funding]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]

Latest revision as of 23:52, 7 February 2024

1. Working effectively with others - performance.

A peer is an individual of similar seniority or an organisation operating in the same sector, usually of similar size.


2. Corporate performance..

Abbreviation for peer company or business.


See also