Topics Covered
- Scope and top-up tax
- The charging mechanisms
- GloBE Income or Loss
- Adjusted covered taxes
- Qualified domestic minimum top-up tax (QDMTT)
Learning Objectives
After completing this course, participants will be able to:
- Calculate the top-up tax under Pillar Two
- Identify which charging mechanism will apply
- Calculate the top-up tax under the QDMTT
- Determine the GloBE Income or Loss
- Determine the adjusted covered taxes
Who should participate
This course is suitable for practitioners in government such as tax inspectors and newly hired employees who need to build up their knowledge of Pillar Two and government officials from developing countries who regularly encounter issues related to Pillar Two. It is equally suitable for the tax advisory industry and large MNE groups, to give their people a good starting point in the complexities of Pillar Two; not to forget anyone who simply desires a foundational understanding of the Pillar One and Two principles.
Recommended prerequisites (for guidance only) and advance preparation
Participation in the course does not require prior experience or knowledge of Pillar One and Two.
No advance preparation is necessary. All required study material is provided within the online training.
Total Study Time and Access Period
Access to the online course is granted for a period of 2 months, from the date of ordering or the indicated start date.
Mandatory course activities: 6 hours
All mandatory course activities can be completed within the access period by dedicating approx. 1 hour of study per week. Please note that study materials included in the course or certificate programme will be accessible for the duration of the access period only. Non-mandatory supplementary material is also provided in this course.
Continuing Professional Education (CPE)
We recommend you check with your respective accrediting organizations to determine the eligibility of CPE credits.
International Bureau of Fiscal Documentation (IBFD) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.
Recommended NASBA CPE credits for this course is: 6
FAQ
See our FAQ section for more information. Regarding administrative policies such as complaint, cancellation or refund, please refer to our Terms and Conditions or contact us at info@ibfd.org.
Additional Information
Field of study: Taxes
Delivery format: Online - QAS Self Study
Disclaimer
Please note that the content of this online course is subject to change based on updates in industry standards, regulatory requirements, and other developments. We strive to provide the most accurate and current information; however, we recommend verifying any critical details independently.