Research Paper 164, 23 September 2022
Impact of a Minimum Tax Rate under the Pillar Two Solution on Small Island Developing States
By Kuldeep Sharma
The Research Paper commences with an overview of Pillar One and Pillar Two followed by detailed discussions on salient provisions of Pillar Two.
Pillar Two is envisaged to have a widespread impact on Small Island Developing States (SIDS) which are a distinct group of 38 United Nations (UN) Member States and 20 Non-UN Members/Associate Members of UN regional commissions that are exposed to unique social, economic and environmental vulnerabilities. In all, 36 SIDS that are members of the Group of Seventy-Seven (G-77) have been analysed, namely, Antigua and Barbuda, Bahamas, Bahrain, Barbados, Belize, Cabo Verde, Comoros, Cuba, Dominica, Dominican Republic, Fiji, Grenada, Guinea-Bissau, Guyana, Haiti, Jamaica, Kiribati, Maldives, Marshall Islands, Mauritius, Federated States of Micronesia, Nauru, Papua New Guinea, Samoa, São Tomé and Príncipe, Seychelles, Singapore, Solomon Islands, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Timor-Leste, Tonga, Trinidad and Tobago, and Vanuatu.
Le présent document de recherche s’ouvre sur une vue d’ensemble du Pilier Un et du Pilier Deux, suivie d’une analyse détaillée des principales dispositions du Pilier Deux.
Le Pilier Deux est susceptible d’avoir des répercussions considérables sur les petits États insulaires en développement (PEID), qui forment un groupe disparate de 38 États membres des Nations unies (ONU) et de 20 États non membres des Nations unies/membres associés des commissions régionales des Nations unies et sont exposés à des facteurs particuliers de vulnérabilité sur le plan économique, social et environnemental. L’analyse a porté sur 36 PEID membres du Groupe des soixante-dix-sept (G-77) au total, à savoir : Antigua-et-Barbuda, les Bahamas, Bahreïn, la Barbade, le Belize, Cabo Verde, les Comores, Cuba, la Dominique, la République dominicaine, Fidji, Grenade, Guinée-Bissau, la Guyane, Haïti, la Jamaïque, Kiribati, les Maldives, les Îles Marshall, les États fédérés de Micronésie, Maurice, Nauru, la Papouasie-Nouvelle-Guinée, Samoa, São Tomé et Príncipe, les Seychelles, Singapour, Saint-Kitts-et-Nevis, Sainte-Lucie, Saint-Vincent-et-les-Grenadines, les Îles Salomon, le Suriname, le Timor-Leste, Tonga, Trinité-et-Tobago et Vanuatu.
El documento de investigación comienza con un resumen del Pilar 1 y del Pilar 2, seguido de discusiones detalladas sobre las disposiciones más destacadas del Pilar 2.
El Pilar 2 se ha concebido para que tenga un impacto amplio en los pequeños Estados insulares en desarrollo, que son un claro grupo de 38 Estados miembros de las Naciones Unidas (ONU) y 20 no miembros de la ONU/miembros asociados de las comisiones regionales de la ONU que están expuestos a vulnerabilidades sociales, económicas y medioambientales únicas. En total, se han analizado 36 pequeños Estados insulares en desarrollo que son miembros del Grupo de los 77 (G-77), a saber, Antigua y Barbuda, Bahamas, Bahrein, Barbados, Belice, Cabo Verde, Comoras, Cuba, Dominica, Estados Federados de Micronesia, Fiji, Granada, Guinea-Bissau, Guyana, Haití, Islas Marshall, Islas Salomón, Jamaica, Kiribati, Maldivas, Mauricio, Nauru, Papua Nueva Guinea, República Dominicana, Samoa, Saint Kitts y Nevis, Santa Lucía, Santo Tomé y Príncipe, San Vicente y las Granadinas, Seychelles, Singapur, Suriname, Timor-Leste, Tonga, Trinidad y Tabago, y Vanuatu.
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Impact of a Minimum Tax Rate under the Pillar Two Solution on Small Island Developing States
This article was tagged: Automatic Exchange of Information (AEOI), Bahamas, Bahrain, Barbados, Base Erosion and Profit Shifting Project (BEPS), Belize, Common Reporting Standard (CRS), Corporate Income Tax (CIT), De Minimis Exclusion, Digital Economy, Digital Tax, Digital Taxation, Digitalisation of the Economy, Foreign Direct Investment (FDI), Global Anti-Base Erosion (GloBE) Rules, Global Minimum Tax Rate, Global Tax, Global Taxation, Group of 77 and China (G-77 and China), Inclusive Framework, International Shipping Income, International Tax, International Tax Cooperation, International Taxation, Maldives, Multilateral Competent Authority Agreement (MCAA), Offshore Financial Centres (OFCs), Organisation for Economic Co-operation and Development (OECD), Pillar One, Pillar Two, Qualified Domestic Minimum Top-up Tax (QDMTT), Small Island Developing States (SIDS), Subject to Tax Rule (STTR), Tax, Tax Competition, Tax Cooperation, Tax Havens, Tax Incentive, Tax Law, Tax Policy, Tax Reform, Taxation, Transfer Pricing, Two Pillar Solution, United Arab Emirates (UAE), United Nations (UN)