Deloitte Tax resources address implications of Pillar Two for global stock-based compensation, state and local taxes
Recently released resource guides from Deloitte Tax LLP discuss the ways in which Pillar Two of the international tax reform agreement being advanced through the OECD may affect decision-making around global stock-based compensation and state and local taxes.
Global stock-based compensation
Pillar Two dramatically increases the complexity and scope of tax accounting for multinational entities. As companies digest the new rules and weigh benefits of several elections, the planning considerations around stock-based compensation should be part of the conversation.
A new publication from Deloitte Tax provides an overview of Pillar Two and explains some of the opportunities and challenges that the emerging rules present for in-scope companies that offer global stock-based compensation programs.
State and local taxes
The influence of Pillar Two extends far beyond international and US federal income taxes. Many state and local taxes are considered “covered taxes” within the Pillar Two framework, making state and local taxes an integral part of the overall Pillar Two analysis. This analysis typically involves taking an inventory of current state and local tax profiles, including policies and implications related to planning, tax reserves, credits, and incentives.
A new 5x5 resource guide from Deloitte Tax identifies five insights taxpayers need to know about how Pillar Two interacts with state and local taxes and five actions taxpayers can take now to prepare for prepare for its implementation.
30 Rockefeller Plaza New York, NY 10112-0015 United States
About Deloitte Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (“DTTL”), its global network of member firms, and their related entities (collectively, the “Deloitte organization”). DTTL (also referred to as “Deloitte Global”) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. DTTL does not provide services to clients. Please see www.deloitte.com/about to learn more.
Deloitte provides industry-leading audit and assurance, tax and legal, consulting, financial advisory, and risk advisory services to nearly 90% of the Fortune Global 500® and thousands of private companies. Our professionals deliver measurable and lasting results that help reinforce public trust in capital markets, enable clients to transform and thrive, and lead the way toward a stronger economy, a more equitable society and a sustainable world. Building on its 175-plus year history, Deloitte spans more than 150 countries and territories. Learn how Deloitte’s approximately 415,000 peopleworldwide make an impact that matters at www.deloitte.com.
