Overview
On November 3, 2022, John Karasek moderated a panel discussion: Corporate AMT and Pillar 2 Calculation Challenges – How to Build your Model and your Team – at the IFA USA New England Regional Fall Conference. The panel addressed some of the complexities underlying each calculation, and the interaction with US rules, such as Subpart F, GILTI and Section 338.
Learning objectives:
- Understand with relevant examples how the core elements of Pillar Two and the US Corporate AMT (BMT) are calculated.
- Identify potential issues and calculation complexities that arise in modeling the impact of Pillar Two and the BMT
- Explore the end-to-end process required and challenges taxpayers may face when preparing these calculations
