Location: Upper Hall, Loch Promenade Church
A DQ sponsored free to members event - David Parsons will be speaking to members on the implementation of Pillar 2.
Pillar 2 Global Minimum Tax is an OECD initiative that aims to ensure that multinational enterprises pay tax at an effective rate of at least 15% on profits, regardless of where those profits are reported across the world, and applies to groups with worldwide revenues of €750m or more.
On 20 May 2024 the Treasury Minister confirmed that the Island intends to implement a Pillar 2 Qualified Domestic Top-up Tax from 1 January 2025.
The seminar will aim to:
There will be an opportunity at the end of the presentation for Questions.
David Parsons is a Deputy Assessor at the Income Tax Division with primary responsibility for the Government’s response to Pillar 2.
David is a Chartered Accountant and Chartered Tax Advisor and prior to joining the Division he spent over 30 years with a Big 4 Accountancy practice, advising on a wide range of corporate and personal tax matters.
Registration and refreshments from 12 noon for a prompt 12:30 pm start to the presentation.
Non-members are welcome to join this event a small charge of £25 applies.
CPD - 1 Hour (certificates available upon request)
Benefits of membership include: full members can submit a detailed firm listing for posting on our website, staff of full members can attend our regular lunchtime seminars free of charge, all members have priority booking for our School of International Financial Services (SIFS) training courses.