Jointly organised by the Singaporean-German Chamber of Industry and Commerce / AHK Singapur, the Singapore Economic Development Board (EDB), and EY Solutions LLP Singapore, the webinar on 'Manoeuvring BEPS 2.0 Pillar Two and Tax Incentives for German Businesses in Singapore' received an impressive attendance of 50 participants. In view of the rapidly evolving global tax landscape and the impact of Base Erosion and Profit Shifting BEPS 2.0 Pillar Two, it is imperative that German MNC’s in Singapore revise their relevant tax strategies and internal structure, systems and processes. The speakers from EDB and EY – with their expertise in international tax practices and regulations - effectively addressed the expected challenges of the global minimum tax implementation and actions German in-house tax teams need to work on to be Pillar Two ready. They also spoke about the latest developments and policy positions on BEPS 2.0 PillarTwo in AsiaPacific and globally.
We would like to thank our speakers, Ruprecht von Uckermann, Ying Quan Teo (Dody) and Jillian Lim for sharing their valuable insights.