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How EY Is Tackling Global Minimum Tax Compliance
Manage episode 414385193 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The new 15% global minimum tax that took effect this year is turning out to be compliance beast.
The tax, which is part of an international tax deal agreed to by more than 140 countries in 2021, contains a slew of new technical terms, complex rules, and hundreds of pages of administrative guidance.
Now, some of the largest accounting firms in the world have been tasked with interpreting these rules, educating their clients, and building complex data systems to help multinational companies calculate their global minimum tax bills.
In this week's episode of "Talking Tax," reporter Lauren Vella sits down with Danyle Ordway, principal of tax technology and data analytics at Ernst & Young LLP, to talk about how the firm is helping clients adapt to the new levy.
Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
353 episodes
Share
Manage episode 414385193 series 1461619
Content provided by Bloomberg Tax. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg Tax or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The new 15% global minimum tax that took effect this year is turning out to be compliance beast.
The tax, which is part of an international tax deal agreed to by more than 140 countries in 2021, contains a slew of new technical terms, complex rules, and hundreds of pages of administrative guidance.
Now, some of the largest accounting firms in the world have been tasked with interpreting these rules, educating their clients, and building complex data systems to help multinational companies calculate their global minimum tax bills.
In this week's episode of "Talking Tax," reporter Lauren Vella sits down with Danyle Ordway, principal of tax technology and data analytics at Ernst & Young LLP, to talk about how the firm is helping clients adapt to the new levy.
Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
353 episodes
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Similar to Talking Tax
The economy and the markets are "under surveillance" as we cover the latest in finance, economics and investment. Listen to Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern for the top interviews from Bloomberg Surveillance Television. And join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF.
…
continue reading
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Wholesaling Inc with Brent Daniels
Find distressed properties for pennies on the dollar and turn them for huge profits!
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continue reading
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…
continue reading
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…
continue reading
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continue reading
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