Pillar Two | ARKK

Does it affect me?

Pillar Two rules will apply to multinational enterprises (MNEs) with consolidated revenues of over €750m in two of the past four years, for accounting periods beginning on or after 31 December 2023. These MNEs will be subject to a minimum ETR of 15% in all jurisdictions in which they operate. These rules apply to both public and private businesses.

What do I need to do?

You'll be required to gather and report on up to 400 data points in each jurisdiction you operate to comply with the three main sections of the GloBE Information Return (GIR).

The GIR is a key component of the OECD's Pillar Two tax framework. It's designed to provide tax authorities with detailed information about the global operations, income, taxes paid and effective tax rates of MNEs.

What's the deadline?

Pillar Two applies to qualifying businesses for financial periods beginning on or after 31st December 2024. Most businesses will have made a disclosure for the financial period ending 31st December 2023 detailing the material effects of Pillar Two on the business, based on the safe harbour analysis they have already undertaken.

TOUCH

Data aggregation

The Platform is source-agnostic, using an advanced engine to aggregate and transform raw data, eliminating manual manipulation, reducing errors, and saving time.

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Detailed mapping

Fine mapping down to GL accounts and lower optional figures enables a single process for GloBE and QDMTTs, simplifying rollout and ensuring flexibility for evolving requirements.

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Comprehensive solution

No need for extra software or separate spreadsheets. Everything is done in a single tool, ensuring full auditability, transparency, and completeness.

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Collaboration platform

Our cloud-based SaaS platform enables global collaboration. Unlimited users are included under one license, supporting complex tax reporting across teams.

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Flexible and customisable

Automate processes while allowing manual inputs via Excel or direct entry. Customise workflows, governance, checkpoints, team roles, and data visibility.

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QDMTT automation

Every jurisdiction is covered! Our platform fully automates calculations and handles final XML production for seamless compliance.

The information that came back from ARKK was so clear and transparent.

Kreeson Thatiha, Head of Finance and Client Money, eToro

I was continually reassured of ARKK's technology and their commitment to customer service.

Darryl Alford, Finance Manager, DPD

ARKK were prepared to be more flexible with how we worked and how we were set up.

Alistair McClelland, Head of Tax, The University of Edinburgh

Simply outstanding service and a real pleasure to work with.

Chris Parsons, Production Director, Radley Yeldar

ARKK are extremely responsive and supportive partners.

Janette Moriarty, Group Financial Reporting Director, Kerry Group

ARKK are invaluable to us… I wouldn't consider another project without them.

Valentin Ramousse, Head of International Business Development & Partner, Emperor Works

The speed and accuracy of implementation was incredible.

Akash Kalaiya, EMEA Tax Manager, Universal Weather and Aviation

Pillar Two.
Play by the rules

What is it?

Pillar Two: What you need to know

Our solution

Get Pillar Two sorted

ARKK supports
jurisdictions across
the globe, including: