Events, Courses & Seminars

Pillar 2 Global Minimum Tax: Update, with David Parsons

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Location: Upper Hall, Loch Promenad Church, Douglas

This seminar is with David Parsons, Deputy Assessor, Income Tax Division.

Cofee and registration will be from 12 noon for aprompt 12.30 pm start to the event.

The OECD's Pillar 2 Global Minimum Tax initiative applies to international groups with consolidated revenue in excess of €750 million. The aim of Pillar 2 is to ensure that such in-scope groups are subject to a minimum rate of taxation on profits of at least 15%, regardless of where such profits are generated.

The seminar will provide attendees with:

- an overview of the Pillar 2 rules and an update on timing;

- consideration of the potential impact on in-scope businesses; and

- high level comment on the policy options available to jurisdictions such as the Isle of Man in response to Pillar 2.

David Parsons is a Chartered Accountant and Chartered Tax Advisor. David joined the Income Tax Division in September 2022 following over 30 years at KPMG Isle of Man. During David's private sector career he advised clients on a wide range of domestic and international tax matters. David is now heavily focussed on the OECD's Pillar 2 Global Minimum Tax initiative and is working closely with the Assessor in relation to the Island's response to Pillar 2.

Bookings for this event should be made using the "Register Online" link on this page.

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