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April 22, 2021

The GLOBE regime should better accommodate the insurance industry (Tax Notes Federal)

J. Howard Stecker, a retired partner and consultant to the insurance tax practice of EY LLP and Michael Beaty, a partner in EY's insurance tax practice, recently authored an article published in Tax Analysts' Tax Notes Federal, discussing the global anti-base-erosion (GLOBE) regime.

In this article, the authors examine the potential challenges of the OECD's Pillar 2 approach for insurance companies, including how double taxation may be incurred if the proposal fails to take deferred tax accounting into consideration.

The article, published in the March 15, 2021, edition of Tax Notes Federal, is attached below.


Full text of Tax Notes article