How Pillar Two raises the bar for M&A integration and tax compliance
A new article from Deloitte Tax LLP offers guidance for tax leaders on the data, process, technology, and people challenges that arise when organizations go through mergers and acquisitions (M&A) and explains how Pillar Two compliance raises the stakes. The article includes a section on the key principles for successful mergers.
In Deloitte’s work with multinationals that are going through mergers, several principles have emerged that can help tax leaders to organize their approach:
First, it’s important to gain visibility into the organization that is being acquired, and to do so as soon as possible.
Second, the tax team should build smart, preparing for Pillar Two as new systems and processes are established for the combined organization.
And finally, tax leaders should seize the moment and recognize that mergers offer a prime opportunity to upgrade systems, enhance technology, and pursue changes.
These upgrades are even more critical now due to the demands of Pillar Two compliance
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