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Why BEPS 2.0 needs consistency, coordination and certainty | EY - Global

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class="cmp-navigation__item-link">Tax compliance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-2adf36861e&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:05:56Z&#34;,&#34;dc:title&#34;:&#34;Transaction tax&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/strategy-transactions/transaction-tax&#34;}}"> <a href="/en_gl/services/strategy-transactions/transaction-tax" data-cmp-clickable class="cmp-navigation__item-link">Transaction tax</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-3b4cb03321&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:05:56Z&#34;,&#34;dc:title&#34;:&#34;Tax services: Designed for private&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/tax/private-client-services&#34;}}"> 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class="cmp-navigation__item-link">Connected Capital Technologies: M&amp;A technology solutions</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-ed9e50e29e&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:07:06Z&#34;,&#34;dc:title&#34;:&#34;Technology transformation&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/consulting/technology-transformation&#34;}}"> <a href="/en_gl/services/consulting/technology-transformation" data-cmp-clickable class="cmp-navigation__item-link">Technology transformation</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" 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class="cmp-navigation__item-link">Cybersecurity Managed Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-3a51f1540e&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:07:25Z&#34;,&#34;dc:title&#34;:&#34;Financial Accounting &amp; Corporate Reporting Managed Services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/assurance/financial-accounting-expanded-corporate-reporting-managed-services&#34;}}"> <a href="/en_gl/services/assurance/financial-accounting-expanded-corporate-reporting-managed-services" data-cmp-clickable class="cmp-navigation__item-link">Financial Accounting &amp; Corporate Reporting Managed Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" 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data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-adbef7b6b2&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:07:58Z&#34;,&#34;dc:title&#34;:&#34;Supply chain transformation&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/consulting/supply-chain-transformation&#34;}}"> <a href="/en_gl/services/consulting/supply-chain-transformation" data-cmp-clickable class="cmp-navigation__item-link">Supply chain transformation</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-7936d08a4a&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:07:58Z&#34;,&#34;dc:title&#34;:&#34;Sustainability tax services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services/tax/sustainability-tax-services&#34;}}"> <a href="/en_gl/services/tax/sustainability-tax-services" data-cmp-clickable 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data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-052dafd60c&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:01:34Z&#34;,&#34;dc:title&#34;:&#34;TMT business resiliency suite&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/industries/tmt/business-resilience&#34;}}"> <a href="/en_gl/industries/tmt/business-resilience" data-cmp-clickable class="cmp-navigation__item-link">TMT business resiliency suite</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-2234469f2f&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T16:01:34Z&#34;,&#34;dc:title&#34;:&#34;Future network now&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/industries/tmt/future-network-now&#34;}}"> <a href="/en_gl/industries/tmt/future-network-now" data-cmp-clickable class="cmp-navigation__item-link">Future network now</a> </li> <li 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href="/en_gl/careers" data-cmp-clickable class="cmp-navigation__item-link">Careers</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-e7e7525ac3&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:41Z&#34;,&#34;dc:title&#34;:&#34;What you can do here&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/what-you-can-do-here&#34;}}"> <a href="/en_gl/careers/what-you-can-do-here" data-cmp-clickable class="cmp-navigation__item-link">What you can do here</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-480178826a&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Tech&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/technology&#34;}}"> <a href="/en_gl/careers/technology" data-cmp-clickable class="cmp-navigation__item-link">Careers in Tech</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-6597473491&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Assurance&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/assurance&#34;}}"> <a href="/en_gl/careers/assurance" data-cmp-clickable class="cmp-navigation__item-link">Careers in Assurance</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-523299e31f&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in 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and Transactions&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/strategy-transactions&#34;}}"> <a href="/en_gl/careers/strategy-transactions" data-cmp-clickable class="cmp-navigation__item-link">Careers in Strategy and Transactions</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-892b072d74&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Tax&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/tax&#34;}}"> <a href="/en_gl/careers/tax" data-cmp-clickable class="cmp-navigation__item-link">Careers in Tax</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-ec25bb2b8a&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in People Advisory Services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/people-advisory-services&#34;}}"> <a href="/en_gl/careers/people-advisory-services" data-cmp-clickable class="cmp-navigation__item-link">Careers in People Advisory Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-c5ef480d8f&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Financial Services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/financial-services&#34;}}"> <a href="/en_gl/careers/financial-services" data-cmp-clickable class="cmp-navigation__item-link">Careers in Financial Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-6e4418282a&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Global Delivery Services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/global-delivery-services&#34;}}"> <a href="/en_gl/careers/global-delivery-services" data-cmp-clickable class="cmp-navigation__item-link">Careers in Global Delivery Services</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-73cba84ba1&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:59:13Z&#34;,&#34;dc:title&#34;:&#34;Careers in Core Business Services&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/core-business-services&#34;}}"> <a href="/en_gl/careers/core-business-services" data-cmp-clickable class="cmp-navigation__item-link">Careers in Core Business Services</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-fb03158192&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:41Z&#34;,&#34;dc:title&#34;:&#34;What it&#39;s like to work here&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/what-its-like-to-work-here&#34;}}"> <a href="/en_gl/careers/what-its-like-to-work-here" data-cmp-clickable class="cmp-navigation__item-link">What it&#39;s like to work here</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-def9e6abd4&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:57Z&#34;,&#34;dc:title&#34;:&#34;Diversity, equity and inclusiveness&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/diversity-inclusiveness&#34;}}"> <a href="/en_gl/careers/diversity-inclusiveness" data-cmp-clickable class="cmp-navigation__item-link">Diversity, equity and inclusiveness</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-236c46ffc8&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:57Z&#34;,&#34;dc:title&#34;:&#34;Personalized career development&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/personalized-career-development&#34;}}"> <a href="/en_gl/careers/personalized-career-development" data-cmp-clickable class="cmp-navigation__item-link">Personalized career development</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-02bc976ed7&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:57Z&#34;,&#34;dc:title&#34;:&#34;Flexibility and mobility&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/flexibility-mobility&#34;}}"> <a href="/en_gl/careers/flexibility-mobility" data-cmp-clickable class="cmp-navigation__item-link">Flexibility and mobility</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-f3d3e45b44&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:57Z&#34;,&#34;dc:title&#34;:&#34;People stories&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/people-stories&#34;}}"> <a href="/en_gl/careers/people-stories" data-cmp-clickable class="cmp-navigation__item-link">People stories</a> </li> </ul> </li> <li class="cmp-navigation__item 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cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-dca7326778&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:42Z&#34;,&#34;dc:title&#34;:&#34;Interview tips&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/interview-tips&#34;}}"> <a href="/en_gl/careers/interview-tips" data-cmp-clickable class="cmp-navigation__item-link">Interview tips</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-d56a9944ae&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:42Z&#34;,&#34;dc:title&#34;:&#34;What we look for&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/what-we-look-for&#34;}}"> <a href="/en_gl/careers/what-we-look-for" data-cmp-clickable class="cmp-navigation__item-link">What we look for</a> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-4678fa75c8&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:41Z&#34;,&#34;dc:title&#34;:&#34;Job search&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/careers/job-search&#34;}}"> <a href="/en_gl/careers/job-search" data-cmp-clickable class="cmp-navigation__item-link">Job search</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-dae1ef4773&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-03-05T17:48:39Z&#34;,&#34;dc:title&#34;:&#34;Experienced professionals&#34;,&#34;xdm:linkURL&#34;:&#34;https://careers.ey.com/ey/search/?createNewAlert=false&amp;q=&amp;locationsearch=&amp;optionsFacetsDD_country=&amp;optionsFacetsDD_customfield1=&amp;optionsFacetsDD_customfield3=&#34;}}"> <a href="https://careers.ey.com/ey/search/?createNewAlert=false&q=&locationsearch=&optionsFacetsDD_country=&optionsFacetsDD_customfield1=&optionsFacetsDD_customfield3=" data-cmp-clickable class="cmp-navigation__item-link">Experienced professionals</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-231099e229&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:17Z&#34;,&#34;dc:title&#34;:&#34;Students and entry-level &#34;,&#34;xdm:linkURL&#34;:&#34;https://eyglobal.yello.co/job_boards/c1riT--B2O-KySgYWsZO1Q?locale=en&#34;}}"> <a href="https://eyglobal.yello.co/job_boards/c1riT--B2O-KySgYWsZO1Q?locale=en" data-cmp-clickable class="cmp-navigation__item-link">Students and entry-level </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-5814f36e46&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:17Z&#34;,&#34;dc:title&#34;:&#34;Contract opportunities&#34;,&#34;xdm:linkURL&#34;:&#34;https://www.gignow.com/&#34;}}"> <a href="https://www.gignow.com/" data-cmp-clickable class="cmp-navigation__item-link">Contract opportunities</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-2" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-90c0267e96&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:58:17Z&#34;,&#34;dc:title&#34;:&#34;Talent community&#34;,&#34;xdm:linkURL&#34;:&#34;https://careers.ey.com/ey/lp/TC/f7abb34d58e4b33e/?locale=en_US&#34;}}"> <a href="https://careers.ey.com/ey/lp/TC/f7abb34d58e4b33e/?locale=en_US" data-cmp-clickable class="cmp-navigation__item-link">Talent community</a> </li> </ul> </li> </ul> </li> <li class="cmp-navigation__item cmp-navigation__item--level-0" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-9a096f42af&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:55:02Z&#34;,&#34;dc:title&#34;:&#34;About us&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/about-us&#34;}}"> <a href="/en_gl/about-us" data-cmp-clickable class="cmp-navigation__item-link">About us</a> <ul class="cmp-navigation__group"> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-6caa0fde3b&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Our purpose&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/about-us#our-purpose&#34;}}"> <a href="/en_gl/about-us#our-purpose" data-cmp-clickable class="cmp-navigation__item-link">Our purpose</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-140b5575c6&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Our values &#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/about-us#our-values&#34;}}"> <a href="/en_gl/about-us#our-values" data-cmp-clickable class="cmp-navigation__item-link">Our values </a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-812ea3d114&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Our people&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/about-us#our-people&#34;}}"> <a href="/en_gl/about-us#our-people" data-cmp-clickable class="cmp-navigation__item-link">Our people</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-b202147ccf&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;EY annual report 2024 Value realized&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/value-realized-annual-report&#34;}}"> <a href="/en_gl/value-realized-annual-report" data-cmp-clickable class="cmp-navigation__item-link">EY annual report 2024 Value realized</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-a054e58619&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-08-05T11:20:04Z&#34;,&#34;dc:title&#34;:&#34;Alliances&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/alliances&#34;}}"> <a href="/en_gl/alliances" data-cmp-clickable class="cmp-navigation__item-link">Alliances</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-59238dfabb&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-04-19T16:06:45Z&#34;,&#34;dc:title&#34;:&#34;Alumni&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/alumni&#34;}}"> <a href="/en_gl/alumni" data-cmp-clickable class="cmp-navigation__item-link">Alumni</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-becbb0fe8b&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Newsroom&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/newsroom&#34;}}"> <a href="/en_gl/newsroom" data-cmp-clickable class="cmp-navigation__item-link">Newsroom</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-664c46c8e6&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Locations&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/locations&#34;}}"> <a href="/en_gl/locations" data-cmp-clickable class="cmp-navigation__item-link">Locations</a> </li> <li class="cmp-navigation__item cmp-navigation__item--level-1" data-cmp-data-layer="{&#34;navigation-ceed4cbd73-item-70b58ea6bd&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/navigation/item&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-22T15:57:59Z&#34;,&#34;dc:title&#34;:&#34;Connect with us&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/about-us/connect-with-us&#34;}}"> <a href="/en_gl/about-us/connect-with-us" data-cmp-clickable class="cmp-navigation__item-link">Connect with us</a> </li> </ul> </li> </ul> </nav> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-1" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-1" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-9e1f3c192a&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-19T11:41:00Z&#34;,&#34;xdm:text&#34;:&#34;&lt;h3>Insights&lt;/h3>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Insights</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-1" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-42b3821621&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2023-12-15T10:56:39Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>Asking the better questions that unlock new answers to the working world&#39;s most complex issues.&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>Asking the better questions that unlock new answers to the working world&#39;s most complex issues.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-1" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/insights" aria-label="Explore Insights" data-cmp-clickable data-up-is="button" data-cmp-data-layer="{&#34;button-e858c9956f&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/button&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-19T11:48:10Z&#34;,&#34;dc:title&#34;:&#34;Explore&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/insights&#34;}}" data-analytics-category="Button" data-button-type="cta" data-snippet-url="/content/ey-unified-site/ey-com/global/main/en_gl/home/insights.html" data-analytics-label="CTA Button" analytics-button-type="cta" data-analytics-button-click> <span class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-1" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-1" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-1" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-1" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-1" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-8e7db58c06&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2022-02-24T19:32:31Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>See more&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>See more</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-title-1" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-0c6863ffd7&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-08-16T11:46:57Z&#34;,&#34;xdm:text&#34;:&#34;&lt;h4>Spotlight&lt;/h4>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Spotlight</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-links-1" class="cmp-container"> <div class="container responsivegrid"> <div id="container-5871df580e" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-6061b8b217&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-08-28T13:10:53Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/services/ai.html\&#34;>AI insights&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ceo.html\&#34;>CEO agenda&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/cfo-agenda.html\&#34;>CFO agenda&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/board-matters.html\&#34;>EY Center for Board Matters&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/media/podcasts.html\&#34;>Podcasts&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/media/webcasts.html\&#34;>Webcasts&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/case-studies.html\&#34;>Case studies&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/coo.html\&#34;>Operations leaders&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/cio.html\&#34;>Technology leaders&lt;/a>&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="/en_gl/services/ai">AI insights</a></p> <p><a href="/en_gl/ceo">CEO agenda</a></p> <p><a href="/en_gl/cfo-agenda">CFO agenda</a></p> <p><a href="/en_gl/board-matters">EY Center for Board Matters</a></p> <p><a href="/en_gl/media/podcasts">Podcasts</a></p> <p><a href="/en_gl/media/webcasts">Webcasts</a></p> <p><a href="/en_gl/case-studies">Case studies</a></p> <p><a href="/en_gl/coo">Operations leaders</a></p> <p><a href="/en_gl/cio">Technology leaders</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="container-f9ca6967dc" class="cmp-container"> </div> </div> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="sitenav-sub-wrapper-2" class="cmp-container" role="tabpanel"> <div class="container responsivegrid"> <div id="subnav-intro-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-intro-title-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-f54be3fcd0&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-19T11:45:38Z&#34;,&#34;xdm:text&#34;:&#34;&lt;h3>Services&lt;/h3>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h3>Services</h3> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-49d6bf022b&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-03T11:26:09Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>EY helps clients create long-term value for all stakeholders. Enabled by data and technology, our services and solutions provide trust through assurance and help clients transform, grow and operate.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-2" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/services" aria-label="Explore Services" data-cmp-clickable data-up-is="button" data-cmp-data-layer="{&#34;button-eec62d65ba&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/button&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-19T11:47:51Z&#34;,&#34;dc:title&#34;:&#34;Explore&#34;,&#34;xdm:linkURL&#34;:&#34;/en_gl/services&#34;}}" data-analytics-category="Button" data-button-type="cta" data-snippet-url="/content/ey-unified-site/ey-com/global/main/en_gl/home/services.html" data-analytics-label="CTA Button" analytics-button-type="cta" data-analytics-button-click> <span class="cmp-button__text" data-analytics-action-value>Explore</span> </a> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-links-title-2" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-l2-2" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="subnav-links-see-more-2" class="cmp-container"> <div class="rich-text text"> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-wrapper-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-2" class="cmp-container"> <div class="container responsivegrid"> <div id="subnav-highlights-l3-see-more-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-0a277470c9&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2022-02-24T19:32:31Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>See more&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>See more</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-title-2" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-8010603a8e&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-19T11:45:48Z&#34;,&#34;xdm:text&#34;:&#34;&lt;h4>Spotlight&lt;/h4>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Spotlight</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" 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platform&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting\&#34;>Strategy, transaction and transformation consulting&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/services/consulting/technology-transformation.html\&#34;>Technology transformation&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/services/tax-function-operations.html\&#34;>Tax function operations&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/services/climate-change-sustainability-services.html\&#34;>Climate change and sustainability services&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/campaigns/ecosystems.html\&#34;>EY Ecosystems&lt;/a>&lt;/p>\r\n&lt;p>&lt;a href=\&#34;/content/ey-unified-site/ey-com/global/main/en_gl/home/industries/financial-services/business-transformation-platform.html\&#34;>EY Nexus: business transformation platform&lt;/a>&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><a href="/en_gl/services/ai/platform">EY.ai - A unifying platform</a></p> <p><a href="https://www.ey.com/en_gl/realize-your-ambition/strategy-transaction-transformation-consulting">Strategy, transaction and transformation consulting</a></p> <p><a href="/en_gl/services/consulting/technology-transformation">Technology transformation</a></p> <p><a href="/en_gl/services/tax-function-operations">Tax function operations</a></p> <p><a href="/en_gl/services/climate-change-sustainability-services">Climate change and sustainability services</a></p> <p><a href="/en_gl/ecosystems">EY Ecosystems</a></p> <p><a href="/en_gl/industries/financial-services/business-transformation-platform">EY Nexus: business transformation platform</a></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" 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arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4>Spotlight</h4> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container 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aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-description-5" class="cmp-container"> <div class="rich-text text"><div data-cmp-data-layer="{&#34;rich-text-5f79bf5289&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-01-10T11:29:01Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p>At EY, our purpose is building a better working world. The insights and services we provide help to create long-term value for clients, people and society, and to build trust in the capital markets.</p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-intro-button-5" class="cmp-container"> <div class="button"> <a class="up-button cmp-button " href="/en_gl/about-us" aria-label="Explore About Us" data-cmp-clickable data-up-is="button" 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aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> <div class="container responsivegrid"> <div id="subnav-highlights-links-5" class="cmp-container"> <div class="eycom-tier3-casestudy"> <div class="caseStudies"> <p class="caseStudies__title">Press release</p> <p> <a href="/en_gl/newsroom/2024/10/ey-reports-global-revenue-of-51-point-2-billion-us-dollars-for-fiscal-year-2024">EY reports global revenue of US$51.2b for fiscal year 2024</a> </p> <p> <span class="date">16 Oct 2024</span><a href="/en_gl/people/rachel-lloyd">Rachel Lloyd </a> </p> </div> <div class="caseStudies"> <p class="caseStudies__title">Press release</p> <p> <a href="/en_gl/newsroom/2024/07/empowering-tomorrows-leaders-ey-announces-collaboration-with-women-in-cloud-for-womens-leadership-and-development">Empowering tomorrow’s leaders: EY announces collaboration with Women in Cloud for women’s leadership and development</a> </p> <p> <span class="date">10 Jul 2024</span><a href="/en_gl/people/renny-popoola">Renny Popoola </a> </p> </div> <div class="caseStudies"> <p class="caseStudies__title">Press release</p> <p> <a href="/en_gl/newsroom/2024/03/ey-announces-acceleration-of-client-ai-business-model-adoption-with-nvidia-ai">EY announces acceleration of client AI Business Model adoption with NVIDIA AI</a> </p> <p> <span class="date">19 Mar 2024</span><a href="/en_gl/people/barbara-dimajo">Barbara Dimajo </a> </p> </div> </div> <div class="container responsivegrid"> <div id="container-ce37460938" class="cmp-container"> </div> </div> <div class="container responsivegrid"> <div id="container-07b43556d9" class="cmp-container"> </div> </div> </div> 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</template> </ul> </div> </div> <div class="search__recent"> <p class="search__recent-text">Recent Searches</p> <ul class="search__recent-list"></ul> </div> <div class="up-instant-search__trending-section"> <p class="up-instant-search__trending-section__title"> Trending </p> <ul class="up-instant-search__trending-section__list" role="list"> <li class="up-trending-section--item"> <a href="/en_gl/ceo/ceo-outlook-global-report" class="up-trending-section--item__link-name"> <img src="/content/dam/ey-unified-site/ey-com/en-gl/campaigns/ceo/images/ey-scenic-view-of-sea-against-sky-during-sunset.jpg" srcset="/content/dam/ey-unified-site/ey-com/en-gl/campaigns/ceo/images/ey-scenic-view-of-sea-against-sky-during-sunset.jpg.transform/instant-search-200/img.jpg 1x,/content/dam/ey-unified-site/ey-com/en-gl/campaigns/ceo/images/ey-scenic-view-of-sea-against-sky-during-sunset.jpg.transform/instant-search-400/img.jpg 2x,/content/dam/ey-unified-site/ey-com/en-gl/campaigns/ceo/images/ey-scenic-view-of-sea-against-sky-during-sunset.jpg.transform/up-img-width-thumbnail-large-screen/img.jpg 3x" alt="" aria-hidden="true"/> <div class="trending-info"> <p class="up-trending-section--item__link-text">How bolder CEOs take charge to shape their future with confidence </p> <p class="up-trending-section--item__link-description" aria-hidden="true">EY CEO confidence index assesses CEO sentiment across sector growth, price and inflation, business growth, talent, and investment and technology. Read more</p> <span class="date">04 Sep 2024</span> <span class="trending-tag up-trending-section--item__tag">CEO agenda</span> </div> </a> </li> <li class="up-trending-section--item"> <a href="/en_gl/insights/forensic-integrity-services/global-integrity-report" class="up-trending-section--item__link-name"> <img src="/content/dam/ey-unified-site/ey-com/en-gl/insights/forensic-integrity-services/images/ey-people-walking-across-bridge-in-la-defense-static-no-zoom.jpg" srcset="/content/dam/ey-unified-site/ey-com/en-gl/insights/forensic-integrity-services/images/ey-people-walking-across-bridge-in-la-defense-static-no-zoom.jpg.transform/instant-search-200/img.jpg 1x,/content/dam/ey-unified-site/ey-com/en-gl/insights/forensic-integrity-services/images/ey-people-walking-across-bridge-in-la-defense-static-no-zoom.jpg.transform/instant-search-400/img.jpg 2x,/content/dam/ey-unified-site/ey-com/en-gl/insights/forensic-integrity-services/images/ey-people-walking-across-bridge-in-la-defense-static-no-zoom.jpg.transform/up-img-width-thumbnail-large-screen/img.jpg 3x" alt="" aria-hidden="true"/> <div class="trending-info"> <p class="up-trending-section--item__link-text">How can trust survive without integrity? </p> <p class="up-trending-section--item__link-description" aria-hidden="true">The EY Global Integrity Report 2024 reveals that rapid change and economic uncertainty make it harder for companies to act with integrity. 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class=\&#34;copy-block\&#34;>The G20 must lead – and consider input from businesses – to make global tax transformation workable for all.&lt;/span>&lt;/h4>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">The G20 must lead – and consider input from businesses – to make global tax transformation workable for all.</span></h4> </div> </div> <button class="rich-text__read-more-btn 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aem-GridColumn--default--none aem-GridColumn--tablet-landscape--12 aem-GridColumn--tablet-portrait--none aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn--offset--default--0 aem-GridColumn--offset--mobile--0 aem-GridColumn--tablet-portrait--12 aem-GridColumn--mobile--none aem-GridColumn aem-GridColumn--default--11 aem-GridColumn--tablet-landscape--none aem-GridColumn--offset--tablet-landscape--0 aem-GridColumn--mobile--12"><div data-cmp-data-layer="{&#34;rich-text-1b1a7dcd70&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2023-10-18T10:44:06Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>&lt;span class=\&#34;copy-block\&#34;>&lt;b>In brief&lt;/b>&lt;/span>&lt;/p>\r\n&lt;ul>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>The BEPS 2.0 project is making progress toward transformational international tax changes.&lt;/span>&lt;/li>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>Unique technical and political challenges remain as individual countries consider legislation to adopt recommendations.&lt;/span>&lt;/li>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>Now is the time for the G20 to lead in order to ensure the rules are consistent, coordinated and provide certainty to taxpayers.&amp;nbsp;&lt;/span>&lt;/li>\r\n&lt;/ul>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><b>In brief</b></span></p> <ul><li><span class="copy-block">The BEPS 2.0 project is making progress toward transformational international tax changes.</span></li><li><span class="copy-block">Unique technical and political challenges remain as individual countries consider legislation to adopt recommendations.</span></li><li><span class="copy-block">Now is the time for the G20 to lead in order to ensure the rules are consistent, coordinated and provide certainty to taxpayers. </span></li></ul> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> <div class="separator cmp-separator--horizontal-rule aem-GridColumn--default--none aem-GridColumn--tablet-landscape--12 aem-GridColumn--tablet-portrait--none aem-GridColumn--tablet-portrait--12 aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn aem-GridColumn--default--11 aem-GridColumn--tablet-landscape--none aem-GridColumn--offset--tablet-landscape--0 aem-GridColumn--offset--default--0"> <div class="cmp-separator"> <hr class="cmp-separator__horizontal-rule"/> </div></div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn--tablet-landscape--12 aem-GridColumn--tablet-portrait--none aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn--offset--default--0 aem-GridColumn--offset--mobile--0 aem-GridColumn--tablet-portrait--12 aem-GridColumn--mobile--none aem-GridColumn aem-GridColumn--default--11 aem-GridColumn--tablet-landscape--none aem-GridColumn--offset--tablet-landscape--0 aem-GridColumn--mobile--12"><div data-cmp-data-layer="{&#34;rich-text-1322e0c2f1&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2024-02-01T12:44:58Z&#34;,&#34;xdm:text&#34;:&#34;&lt;p>&lt;span class=\&#34;copy-block\&#34;>&lt;span class=\&#34;drop-cap\&#34;>P&lt;/span>rogress on the Organisation for Economic Co-operation and Development (OCED)/G20 base erosion and profit shifting (BEPS) 2.0 project reached an inflection point in October 2021 when high-level political agreement on its key parameters was achieved. This reflected commitment from 137 of the 141 jurisdictions participating in the project on transformational changes to the international tax system. The G20 Finance Ministers endorsed the agreement and reiterated their pledge to advance the work under an ambitious timeline that envisioned new tax rules coming into effect in 2023.&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>One year later, a tremendous amount of work has been done on both components of the project. On Pillar One, new rules are being developed for dividing taxing rights over global business income with the objective of increasing the share of income allocated to market jurisdictions. On Pillar Two, details have been spelled out on global minimum tax rules aimed at ensuring that income is subject to tax of at least 15% regardless of where it is earned.&amp;nbsp; The current status and path forward for each pillar differ significantly, however, reflecting the unique technical and political challenges inherent in each effort.&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>On Pillar One, the OECD has issued a series of drafts laying out proposals for the key building blocks of the new approach for allocating global business income across jurisdictions. In July 2022, the OECD released a consolidated document providing a close to a comprehensive set of proposed rules. These documents do not reflect consensus agreement among the Inclusive Framework jurisdictions but were released to obtain feedback from stakeholders. The business community submitted extensive comments, garnering broad participation in the OECD-hosted consultation session in September 2022. The release of these proposals in draft form provided an invaluable opportunity for affected businesses to offer detailed input on the practical, commercial and competitive implications of the approaches being considered, including information about potential distortions that could result from the application of the complex formulas proposed to common business models.&lt;br>\r\n&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>The approach on Pillar Two over the past year has been quite different. The Inclusive Framework has released agreed Model Rules and explanatory Commentary laying out the details of the core components of the global minimum tax framework. These documents were released in final form, without prior stakeholder input, and are intended to be used by jurisdictions in making changes to their domestic tax laws to implement Pillar Two. The Inclusive Framework is now focused on a series of workstreams related to the operation of Pillar Two. That includes developing much-needed interpretive guidance on the complex concepts reflected in the Model Rules and fleshing out such administrative matters as the filing requirements for a global minimum tax return and safe harbors to ease compliance requirements. Also included is the establishment of a peer review process for evaluating the implementation of Pillar Two by jurisdictions. As this work began, the OECD hosted a preliminary consultation in April 2022 that allowed affected businesses to provide input into the range of matters that will need to be addressed.&lt;br>\r\n&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>Looking ahead, there appears to be considerable technical and political work to be done on the substantive design of the Pillar One rules and on achieving agreement of the Inclusive Framework jurisdictions. Moreover, implementation of Pillar One is dependent on adoption by a critical mass of jurisdictions. Against this backdrop, the Inclusive Framework agreed in July 2022 to an extended timeline that envisions Pillar One rules being effective in 2024 – a timeline that is still ambitious given the challenging work that remains.&lt;br>\r\n&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>On Pillar Two, even as essential design work continues in the Inclusive Framework, significant activity is already underway around the world with respect to jurisdictions’ implementation of the global minimum tax rules. That includes the negotiation of an EU directive that would mandate adoption of Pillar Two rules by all EU Member States. It also includes the release of Pillar Two draft legislation and ongoing public consultations in several jurisdictions and government announcements on Pillar Two plans in many other jurisdictions. While there has been no formal change in the Pillar Two timeline agreed to in October 2021, most jurisdictions now aim to have their rules in place to take effect beginning in 2024.&lt;/span>&lt;/p>\r\n&lt;h4>&lt;span class=\&#34;copy-block\&#34;>Focus on three elements&lt;/span>&lt;/h4>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>As this global tax transformation project continues to advance, the G20 leadership efforts should be focused on three essential elements – consistency, coordination and certainty.&lt;/span>&lt;/p>\r\n&lt;ul>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>Consistency across jurisdictions in the implementation of the new rules and in their interpretation and application on an ongoing basis is important. Clear communication reflecting consensus on the policy objectives of each pillar is needed to serve as a guidepost for addressing questions that likely will not be covered no matter how detailed the rules are.&lt;/span>&lt;/li>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>Continuing coordination among jurisdictions will be necessary for dealing with the unintended consequences and unanticipated matters that will inevitably arise in a transformation of this magnitude. Close collaboration to refine the agreed upon rules and adapt to developments in the global economy will also be essential.&lt;/span>&lt;/li>\r\n&lt;li>&lt;span class=\&#34;copy-block\&#34;>Certainty is highly valuable to taxpayers and tax administrations alike, as instability creates costs that are a drain on resources for both. Managing disputes regarding the application of the new rules to the greatest extent possible – and expeditiously resolving the disputes that nevertheless arise – will require a multilateral commitment to building on existing processes with creative new approaches to problem-solving.&lt;/span>&lt;/li>\r\n&lt;/ul>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>It is clear that G20 leadership will continue to be vital long after new Pillar One and Pillar Two rules begin to take effect in jurisdictions around the world. It is equally clear that input from affected businesses will be essential to helping to ensure that the new rules are workable and can achieve the intended objective of stability in the global tax system. With active support from the G20, the Inclusive Framework and business must work together, proceeding deliberately and taking the time needed to get the fundamentals and the details right. The stakes for the global community are too high to do anything less.&lt;br>\r\n&lt;/span>&lt;/p>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>&lt;i>(This article was originally published by the Global Governance Project in conjunction with the 2022 G20 Summit in Bali, Indonesia.)&amp;nbsp;&lt;/i>&lt;/span>&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <p><span class="copy-block"><span class="drop-cap">P</span>rogress on the Organisation for Economic Co-operation and Development (OCED)/G20 base erosion and profit shifting (BEPS) 2.0 project reached an inflection point in October 2021 when high-level political agreement on its key parameters was achieved. This reflected commitment from 137 of the 141 jurisdictions participating in the project on transformational changes to the international tax system. The G20 Finance Ministers endorsed the agreement and reiterated their pledge to advance the work under an ambitious timeline that envisioned new tax rules coming into effect in 2023.</span></p> <p><span class="copy-block">One year later, a tremendous amount of work has been done on both components of the project. On Pillar One, new rules are being developed for dividing taxing rights over global business income with the objective of increasing the share of income allocated to market jurisdictions. On Pillar Two, details have been spelled out on global minimum tax rules aimed at ensuring that income is subject to tax of at least 15% regardless of where it is earned.  The current status and path forward for each pillar differ significantly, however, reflecting the unique technical and political challenges inherent in each effort.</span></p> <p><span class="copy-block">On Pillar One, the OECD has issued a series of drafts laying out proposals for the key building blocks of the new approach for allocating global business income across jurisdictions. In July 2022, the OECD released a consolidated document providing a close to a comprehensive set of proposed rules. These documents do not reflect consensus agreement among the Inclusive Framework jurisdictions but were released to obtain feedback from stakeholders. The business community submitted extensive comments, garnering broad participation in the OECD-hosted consultation session in September 2022. The release of these proposals in draft form provided an invaluable opportunity for affected businesses to offer detailed input on the practical, commercial and competitive implications of the approaches being considered, including information about potential distortions that could result from the application of the complex formulas proposed to common business models.<br /> </span></p> <p><span class="copy-block">The approach on Pillar Two over the past year has been quite different. The Inclusive Framework has released agreed Model Rules and explanatory Commentary laying out the details of the core components of the global minimum tax framework. These documents were released in final form, without prior stakeholder input, and are intended to be used by jurisdictions in making changes to their domestic tax laws to implement Pillar Two. The Inclusive Framework is now focused on a series of workstreams related to the operation of Pillar Two. That includes developing much-needed interpretive guidance on the complex concepts reflected in the Model Rules and fleshing out such administrative matters as the filing requirements for a global minimum tax return and safe harbors to ease compliance requirements. Also included is the establishment of a peer review process for evaluating the implementation of Pillar Two by jurisdictions. As this work began, the OECD hosted a preliminary consultation in April 2022 that allowed affected businesses to provide input into the range of matters that will need to be addressed.<br /> </span></p> <p><span class="copy-block">Looking ahead, there appears to be considerable technical and political work to be done on the substantive design of the Pillar One rules and on achieving agreement of the Inclusive Framework jurisdictions. Moreover, implementation of Pillar One is dependent on adoption by a critical mass of jurisdictions. Against this backdrop, the Inclusive Framework agreed in July 2022 to an extended timeline that envisions Pillar One rules being effective in 2024 – a timeline that is still ambitious given the challenging work that remains.<br /> </span></p> <p><span class="copy-block">On Pillar Two, even as essential design work continues in the Inclusive Framework, significant activity is already underway around the world with respect to jurisdictions’ implementation of the global minimum tax rules. That includes the negotiation of an EU directive that would mandate adoption of Pillar Two rules by all EU Member States. It also includes the release of Pillar Two draft legislation and ongoing public consultations in several jurisdictions and government announcements on Pillar Two plans in many other jurisdictions. While there has been no formal change in the Pillar Two timeline agreed to in October 2021, most jurisdictions now aim to have their rules in place to take effect beginning in 2024.</span></p> <h4><span class="copy-block">Focus on three elements</span></h4> <p><span class="copy-block">As this global tax transformation project continues to advance, the G20 leadership efforts should be focused on three essential elements – consistency, coordination and certainty.</span></p> <ul><li><span class="copy-block">Consistency across jurisdictions in the implementation of the new rules and in their interpretation and application on an ongoing basis is important. Clear communication reflecting consensus on the policy objectives of each pillar is needed to serve as a guidepost for addressing questions that likely will not be covered no matter how detailed the rules are.</span></li><li><span class="copy-block">Continuing coordination among jurisdictions will be necessary for dealing with the unintended consequences and unanticipated matters that will inevitably arise in a transformation of this magnitude. Close collaboration to refine the agreed upon rules and adapt to developments in the global economy will also be essential.</span></li><li><span class="copy-block">Certainty is highly valuable to taxpayers and tax administrations alike, as instability creates costs that are a drain on resources for both. Managing disputes regarding the application of the new rules to the greatest extent possible – and expeditiously resolving the disputes that nevertheless arise – will require a multilateral commitment to building on existing processes with creative new approaches to problem-solving.</span></li></ul> <p><span class="copy-block">It is clear that G20 leadership will continue to be vital long after new Pillar One and Pillar Two rules begin to take effect in jurisdictions around the world. It is equally clear that input from affected businesses will be essential to helping to ensure that the new rules are workable and can achieve the intended objective of stability in the global tax system. With active support from the G20, the Inclusive Framework and business must work together, proceeding deliberately and taking the time needed to get the fundamentals and the details right. The stakes for the global community are too high to do anything less.<br /> </span></p> <p><span class="copy-block"><i>(This article was originally published by the Global Governance Project in conjunction with the 2022 G20 Summit in Bali, Indonesia.) </i></span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> </div> </div> </div> <div class="rich-text text aem-GridColumn--default--none aem-GridColumn--tablet-landscape--12 aem-GridColumn--tablet-portrait--none aem-GridColumn--offset--tablet-portrait--0 aem-GridColumn--offset--default--2 aem-GridColumn--offset--mobile--0 aem-GridColumn--tablet-portrait--12 aem-GridColumn--mobile--none aem-GridColumn aem-GridColumn--default--8 aem-GridColumn--tablet-landscape--none aem-GridColumn--offset--tablet-landscape--0 aem-GridColumn--mobile--12"><div data-cmp-data-layer="{&#34;rich-text-d0275a575b&#34;:{&#34;@type&#34;:&#34;ey-unified-site/components/rich-text&#34;,&#34;repo:modifyDate&#34;:&#34;2023-10-18T10:48:12Z&#34;,&#34;xdm:text&#34;:&#34;&lt;h4>&lt;span class=\&#34;copy-block\&#34;>Summary&lt;/span>&lt;/h4>\r\n&lt;p>&lt;span class=\&#34;copy-block\&#34;>Pillar One and Pillar Two of the OECD/G20 BEPS 2.0 project have made important progress. The G20’s leadership efforts should be focused on consistency, coordination and certainty to successfully advance the project.&lt;/span>&lt;/p>\r\n&#34;}}" data-up-is="rich-text" data-up-translation-read-more="Read More" data-up-translation-read-less="Read Less" data-up-translation-aria-label-read-more="Read more button, press enter to activate, or use Up arrow key to learn more about this content" data-up-translation-aria-label-read-less="Read less button, press enter to activate, or use Up arrow key to learn more about this content" class="up-rich-text cmp-text" data-up-analytics="rich-text"> <div class="up-rich-text__container" data-up-hook-rich-text="richTextContainer"> <div class="up-rich-text__container-content" data-up-hook-rich-text="richTextContent"> <h4><span class="copy-block">Summary</span></h4> <p><span class="copy-block">Pillar One and Pillar Two of the OECD/G20 BEPS 2.0 project have made important progress. The G20’s leadership efforts should be focused on consistency, coordination and certainty to successfully advance the project.</span></p> </div> </div> <button class="rich-text__read-more-btn rich-text__button--hidden" data-up-hook-rich-text="richTextReadMoreButton" aria-hidden="true" aria-label="Read more button, press enter to activate, or use Up arrow key to learn more about this content"> Read More </button> <button class="rich-text__read-less-btn" data-up-hook-rich-text="richTextReadLessButton" aria-hidden="true" aria-label="Read less button, press enter to activate, or use Up arrow key to learn more about this content"> Read Less </button> </div> </div> </div> </div> </div> <div class="container responsivegrid theme-dark cmp-container--theme-dark cmp-container--background-color-e2e aem-GridColumn aem-GridColumn--default--12"> <div id="container-b3629e066a" class="cmp-container"> <div class="aem-Grid aem-Grid--12 aem-Grid--default--12 "> <div class="up-authors-and-contributors aem-GridColumn aem-GridColumn--default--12"> <div class="up-authors-and-contributors up-authors-and-contributors--article-bottombar up-authors-and-contributors--single-author" data-up-analytics="authors-and-contributors" data-up-is="authors-and-contributors"> <p class="up-authors-and-contributors__title">About this article</p> <div class="up-authors-and-contributors__content"> <div class="up-authors-and-contributors__authors-and-contributors-container"> <div class="up-authors-and-contributors__authors-container"> <div class="up-authors-and-contributors__author-link-wrapper" data-up-hook-authors-and-contributors="cta"> <figure class="up-authors-and-contributors__author-link-content"> <div class="up-authors-and-contributors__author-image-link-wrapper cmp-image"> <img class="cmp-image__image" src="/content/dam/content-fragments/ey-unified-site/ey-com/people/global/en/images/b/ey-barbara-angus-meta.jpg" srcset="/content/dam/content-fragments/ey-unified-site/ey-com/people/global/en/images/b/ey-barbara-angus-meta.jpg.transform/up-authors-and-contributors-150/img.jpg 1x,/content/dam/content-fragments/ey-unified-site/ey-com/people/global/en/images/b/ey-barbara-angus-meta.jpg.transform/up-authors-and-contributors-250/img.jpg 2x,/content/dam/content-fragments/ey-unified-site/ey-com/people/global/en/images/b/ey-barbara-angus-meta.jpg.transform/up-authors-and-contributors-450/img.jpg 3x" alt="Photographic portrait of Barbara Angus"/> </div> <div> <a href="/en_gl/people/barbara-m-angus" data-up-hook-authors-and-contributors="authorlink" class="up-authors-and-contributors__author-name-container up-authors-and-contributors__analytics-author-link"> Barbara Angus </a> <div class="up-authors-and-contributors__author-title"> EY Global Tax Policy Leader </div> <div class="up-authors-and-contributors__author-title-introductory-text"> Enthusiastic participant in the global tax policy dialogue. Zealous advocate. 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