GloBE Information Return - TEI Comments

On October 6, 2023, TEI submitted comments to the OECD and European Commission regarding the GloBE Information Return ("GIR") under Pillar Two of the OECD's two pillar approach to the tax challenges arising from the digitalization of the economy. TEI's comments focused on the volume of information required to be reported on the GIR, statute of limitations issues, timing of tax filings, and tax payment issues, among other things. TEI's comments were prepared by its EMEA Direct Tax Committee. Benjamin R. Shreck, TEI Tax Counsel, coordinated the preparation of TEI's comments.

Read the comments here.