Course Tax Accounting for Pillar Two

** Registration for this course is now closed. In case of any questions please send them towards [email protected] **

With the introduction of Pillar 2, tax accounting has become increasingly important. Tax accounting knowledge is vital to understand Pillar 2 calculations because tax accounting data will be a part of the Pillar 2 calculation. Therefore, there is an increased attention to correctly and timely report the tax position.​ 

The course Tax Accounting for Pillar 2 provides a structural approach to your tax accounting calculation and makes the link to the calculation of GloBe Income and Covered Taxes. The training consists of three blocks:​ 

• Tax accounting – The basic concepts 
• Tax accounting – Special subjects relevant for Pillar 2​ 
• Pillar 2​ calculation and accounting for Pillar 2 

The course will take place on 28 and 29 November 2023 in Hotel de Werelt, Lunteren.​ 

Course objectives​ 

• You develop tax accounting knowledge relevant for Pillar 2​ 
• You build and increase your understanding of the concepts of Tax Accounting​ 
• You gain a good understanding of the GloBe Income and Covered Taxes calculation.​ 
• You build your understanding of the link between Tax Accounting and Pillar 2 

Program 

We will cover the below topics: 

Building block 1: Tax accounting – The basic concepts 

• Temporary and permanent differences ​ 
• Current tax calculation ​ 
• True-ups and return-to-accrual adjustments ​ 
• Deferred tax calculation ​ 
• Deferred tax asset recognition ​ 
• Uncertain tax positions ​ 
• Reconciliation of tax positions ​
• Total tax ​ 
• Effective tax rate and rate reconciliation ​ 

Building block 2: Tax accounting – Special subjects relevant for Pillar 2 

• Initial recognition exemption​ 
• Business combinations​ 
• Intercompany transaction ​ 
• WHT / Outside basis difference​ 
• Currency exchange differences​ 

Building block 3: Pillar 2 calculation and accounting for Pillar 2 

• GloBe Income calculation ​ 
• Covered taxes ​ 
• Simplified ETR under the safe harbor rules ​ 
• Effective tax rate for Pillar 2 and top-up tax ​ 
• Accounting for Pillar 2​ 

The facilitators of this Tax Accounting course have extensive practical experience, as a result of which they explain the theory with recognizable examples.​ 

Structural Approach  

This course offers you a structural approach to the process of preparing the tax position(s) in the financial statements and for Pillar 2 purposes. ​ 

This set up will give you insight into the interconnection between the various tax position items.​ 

Alternating between theory and real-life cases, you will be guided through this process in ten steps.​

For who? 

This course is intended for anyone who has to deal with tax positions in financial statements and Pillar 2 calculation: for example tax accountants, corporate tax directors/managers, corporate tax lawyers, "tax" controllers or anyone having to process taxes for accounting purposes.​ 

Investment​ 

The costs of the two-day course are € 1.799,- exclusive of VAT. This includes:​ 

• Digital course material​ 
• Day 1: including lunch, dinner, drinks and stay-over​ 
• Day 2: including breakfast and lunch​ 

Permanent education​ 

This course qualifies for 14 PE hours. You can also register your PE-hours at the NOB or VRC.