PwC's Tax Bites Podcast

In this episode of Tax Bites Podcast, we delve again into the intricate world of Pillar 2, what countries have done so far and we put a spotlight on Belgium's implementation of the new rules. Join us as we dissect the latest updates and explore the nuances of Belgium's implementation of this global tax initiative. Have a look at all our previous episodes and stay up to date on www.pwc.be...

A first critical look at the items addressed by the Administrative Guidance!  In this episode, we share our first impressions of the Administrative Guidance on Pillar 2 published by the OECD on Monday 18 December 2023. A wide range of issues related to transitional safe harbours, the GloBE Rules and the Commentary are addressed in the guidance. In addition, a new timeline with respect to Pillar 1...

Future-proofing your statutory reporting function: managing transformations in the STAT & tax function In this fifth and final episode of our mini-series, we want to bring it all together. How do companies deliver in practice on the transformation of their STAT & tax function. How do they start such transformation projects? How do they manage execution and ensure continuity during the tran...

In this episode, we unravel the intricacies of the Carbon Border Adjustment Mechanism (CBAM) introduced by the European Commission. From targeted industries to a two-phase implementation, we break down why CBAM matters and its impact on businesses. Explore critical deadlines, challenges, and practical steps for companies in the affected sectors. Tune in for key insights and ensure your organizatio...

In this episode the speakers elaborate on PwC’s recently published Pillar Two Guide for EMEA Multinational Enterprises, which sets out the steps you need to take to be Pillar 2 compliant.  Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

In this episode of the Tax Bites Series, following the publication of the draft Multilateral Convention on Amount A and related documents on 11 October 2023, the speakers give an overview of the current state of play of Amount A.  They discuss how Amount A may impact your organization and how to prepare for it and conclude with some key-takeaways. Have a look at all our previous episodes and stay...

In this episode of our mini-series, the discussion delves into the concept of tax ledgers within ERP systems. Hosted by Pieter, experts Jorgen, Oualid, and Bert explore the reasons for considering tax ledgers, their benefits, and their relevance in the context of changing tax regulations like Pillar 2. The episode highlights the importance of cost-benefit analysis and offers key takeaways for orga...

On 12 September  the European Commission published its long anticipated BEFIT proposal together with a proposal for a transfer pricing directive. In this podcast we discuss the content of these proposals and reflect on the impact for business.  Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

In this episode the speakers will give an update on the current status and content of Amount B, what it means for businesses, next steps to consider along with some crystal ball predictions on the likelihood and breadth of the impact. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

Future-proofing your statutory reporting function: how to accommodate compliant local statutory ledgers in your Business ERP? In this third episode of our mini series we look at the ideal end state - dual ledger accounting. How do you ensure you meet the local statutory and tax requirements while reaping the benefits of centralization and standardization across countries? We discuss a.o. how impor...

Future-proofing your statutory reporting function: how to improve your statutory financials production by solving your data challenges In this second episode of our mini series we first dive deeper into the types of STAT data as well as GAAP to STAT differences and how to accommodate for these in the most preferred way. Then we explore the use of a stat production tool like Workiva, how this can h...

This session is the first in a series where we will explore the topic of future-proofing the statutory reporting function and the close link to tax. We start with setting the scene, why it’s such a hot topic today. We touch upon what that future-proof model could look like as well as the framework to identify your ideal operating model for STAT reporting purposes. Have a look at all our previous e...

In this episode we discuss a number of business transformations topics such as digital, supply chain and the war for talent. Tax is strongly intertwined with the work to be done from a business viewpoint in these areas and can have major impact on the ultimate value generated. There’s a huge pocket of value to be generated when business and tax go hand in hand. The speakers share their experience...

In this episode, we discuss our first impressions of the 111-page Administrative Guidance on Pillar 2 published by the OECD on Thursday, 2 February 2023. A wide range of issues related to the GloBE Rules and Commentary were addressed in the guidance, and our experts also welcomed the additional clarification and examples, including those on the Qualified Minimum Top-up Tax (QDMTT) and the treatmen...

On the foot of Russia’s invasion of Ukraine, the European energy landscape is facing unprecedented challenges. The response, on the part of the European Union and its member states, is to accelerate the energy transition. Although decarbonisation of our energy systems was always on the agenda in recent years, the current crisis accentuates the need for a low-carbon and energy-independent Europe, w...

On Thursday, 8 December 2022, the OECD/G20 Inclusive Framework published another discussion draft in the two-pillar solution to address the tax challenges arising from the digitalisation of the economy.  The document outlines the main design elements of Amount B, a part of the two-pillar approach that until now was relatively undefined. During this podcast, the speakers discuss the main items of t...

The recent developments in the tax arena may raise some areas of concern. In this podcast the speakers address some of the recent trends discussed with prof dr vikram Chand of the university of Lausanne on 23 November 2022. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

Patrick Boone and Matthias Reyntjens look ahead to what the next months will bring in terms of economic developments, and what this means for tax policy. How will countries react, how can businesses react, and what will all this bring from a tax perspective. This podcast is the first of a series of podcasts dealing with the particular concerns for business in today’s economic environment. Stay tun...

In this episode of the Tax Bites podcast series, our global tax ERP leader and other tax technology experts talk about the latest major trends in the global tax ERP landscape. Get insights into the ever-changing tax obligations and the impact on data needs. Learn about how these new obligations - like Pillar 2 taxation and ESG - can be tackled within the ERP system. Have a look at all our previous...

On 11 July 2022, the OECD released a progress report on Pillar 1. In this episode, we go through the key takeaways from this report for businesses. Towards the end of the episode, we also covered a brief update on the latest status of Pillar 2. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

On 14 July 2022 the European Commission published its ambitious Fit For 55 Package. Tune in if you want to know where we stand today regarding the tax measures included in the Fit For 55 Package and how the developments impact business. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

In this week’s podcast, our speakers discuss the content of the proposal and assess which businesses will be impacted. They’ll explain the allowance on equity and interest limitation, linking this to other pending EU proposals. Have a look at all our previous episodes and stay up to date on www.pwc.be/tax-bites

Throughout Europe, mandatory e-invoicing is more than ever seen as the way to close the VAT gap. In this podcast, we’ll discuss the challenges businesses face to remain compliant, when the sources of structured tax information are increasing and information has to be delivered in a timely manner. We’ll also look at interesting similarities between e-invoicing requirements and other tax transparenc...

On 22 December, the European Commission issued 2 proposals. One proposal deals with the introduction of the global minimum tax in the EU by 2023. The EU proposal deviates from the OECD proposal on a number of topics. Find out how the proposal will look like in this Tax Bites episode with Jean-Philippe van West and Isabel Verlinden.  In addition, we also discuss the proposed directive covering the...

On 22 December, the European Commission issued 2 proposals. One proposal deals with the introduction of the global minimum tax in the EU by 2023. The EU proposal deviates from the OECD proposal on a number of topics. Find out how the proposal will look like in this Tax Bites episode with Jean-Philippe van West and Isabel Verlinden.  In addition, we also discuss the proposed directive covering the...