Malaysia: BEPS Pillar 2 and how it will affect your business

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published on 17 May 2022

 

On October 2021, more than 135 jurisdictions joined a groundbreaking plan to update key elements of the international tax system which can no longer cope with the demands of a globalized and digitalized economy.

​The Global Anti-Base Erosion Rules (GloBE) are a key component of this plan, designed to minimize the tax burden of large multinational enterprises on income earned in the different jurisdictions in which they operate. More specifically, the GloBE Rules provide for a coordinated system of taxation that imposes a top-up tax on profits arising in a jurisdiction, whenever the effective tax rate, determined on a jurisdictional base, lies below the minimum rate.
 
In this webinar, Priya Selvanathan and Prabu Chaloraju provide you with a sound understanding of BEPS Pillar 2 and Malaysia´s position in this regard, they will point out the potential impact on your cross-border business ventures and add some practical, hands-on guidance on how to cope with this impact in the future.

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Priya Selvanathan

Associate Partner

+60 3 2276 2755
+60 3 2276 3755

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