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Pillar 2 (Global Minimum Tax)

Pillar 2 compliance — before the deadline hits.

Global minimum tax is here. If your group has consolidated revenue above EUR 750 million, you need to calculate effective tax rates by jurisdiction, identify shortfalls, and report top-up tax. Most companies aren't ready — and their current tools don't support it.

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What is Pillar 2?

A global minimum tax rate of 15%

Pillar 2 is part of the OECD's BEPS 2.0 framework. It introduces GloBE (Global Anti-Base Erosion) rules that ensure large multinational groups pay an effective tax rate of at least 15% in every jurisdiction where they operate.If your effective tax rate in any jurisdiction falls below 15%, the difference becomes a top-up tax — payable by the parent entity.

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EUR 750m threshold

Applies to groups with consolidated revenue at or above EUR 750 million in at least two of the last four years

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15% minimum rate

Effective tax rate calculated per jurisdiction — if it falls below 15%, the shortfall becomes a top-up tax

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GloBE adjustments

Income and taxes must be adjusted according to GloBE rules — different from your standard consolidated reporting

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GloBE Information Return

Standardised filing required in each jurisdiction — with detailed data on entities, income, taxes, and top-up calculations

The challenge

New regulation. New calculations. Tools that weren't built for it.

Pillar 2 sits at the intersection of finance and tax — and that's exactly what makes it difficult. The data lives in your consolidation system. The adjustments follow tax-specific rules. The calculations span every jurisdiction. And the reporting requirements are unlike anything your current tools were designed to produce.

Most companies we speak to are trying to handle the initial assessment in spreadsheets or relying on their tax advisors to manage the process manually. That works for year one. It doesn't scale when the regulation is permanent, the data volumes grow, and audit scrutiny increases.

What's needed is a system-based approach: structured data collection, automated GloBE calculations, and reporting that connects directly to your consolidated financial data.

Multi-jurisdiction data collection

Structured gathering of financial and tax data from every entity, in every jurisdiction

Automated GloBE calculations

Effective tax rates, substance-based carve-outs, and top-up tax computed by the system

Finance-tax alignment

Consolidated financial data connected to GloBE adjustments in one workflow

Compliant reporting

GloBE Information Return and supporting documentation generated from the same data

Full audit trail

Every adjustment, every calculation, every data point documented and traceable

Data governance

Controlled process for who provides data, who adjusts it, and who signs off

What we deliver

From data collection to filing — a structured Pillar 2 process

We build a repeatable, system-based workflow that takes you from raw financial data to compliant GloBE calculations and filings.

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Scoping & entity mapping

We identify which entities are in scope, map your group structure by jurisdiction, and determine which GloBE rules apply. This is the foundation — getting the scope right before any calculations begin.

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Data collection framework

Structured templates and workflows for collecting the financial and tax data needed from each jurisdiction. Connected to your consolidation data where possible, with manual input forms for tax-specific items.

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GloBE income & tax adjustments

Your consolidated financial data adjusted according to GloBE rules — which differ from IFRS in specific areas. The system applies the adjustments systematically, with each one documented and auditable.

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Top-up tax allocation

Once the shortfall is calculated, the top-up tax is allocated according to the IIR (Income Inclusion Rule) or UTPR (Undertaxed Profits Rule). The system handles the allocation logic based on your group structure.

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GloBE Information Return

The standardised filing produced from the same data used in the calculations. Entity details, jurisdictional income, adjusted taxes, ETR calculations, and top-up amounts — all in the required format.

Our approach

We handle the system. Your tax advisors handle the tax strategy.

Pillar 2 is a very specific regulatory process. We configure the system, the data flows, and the calculation engine. For the tax advisory side — interpretation of GloBE rules, tax planning implications, and strategic decisions — we work alongside your existing tax advisors or collaborate with firms like PwC who specialise in international tax.

This gives you the best of both: a reliable, auditable system built by EPM specialists, and tax advice from people who live and breathe international tax regulation.

System, data & calculations

Data collection framework, GloBE calculation engine, ETR computation, top-up allocation, reporting output, audit trails, and integration with your consolidation platform.

A compliant, repeatable process

The system captures the decisions your tax advisors make, applies them consistently, and produces the calculations and filings that demonstrate compliance. Year after year.

Interpretation & strategy

GloBE rule interpretation, safe harbour elections, transition rules, tax planning implications, and advisory on how Pillar 2 affects your group's overall tax position.

Built into your existing infrastructure

The Pillar 2 process runs on the same platform as your consolidation tool with relevant data flows. No standalone tax tool, no separate data collection exercise. Your entity structure, financial data, and intercompany detail are already there — we extend it.

Who this is for

Where finance meets tax

Pillar 2 requires collaboration between functions that don't always share tools or processes. Here's what changes for each.

For the CFO

Understand your exposure before it surprises you

Pillar 2 can have material financial impact. You need clarity on which jurisdictions are affected, what the top-up tax amounts to, and how it flows through your consolidated statements. A system gives you that visibility — not just at year-end, but as your group structure changes.

For the Head of Tax

Reliable data in, compliant filings out

The GloBE calculations are only as good as the data behind them. A structured data collection and calculation process means you spend time on interpretation and planning, not on chasing numbers from subsidiaries and building spreadsheets.

For the Group Accounting Manager

One more reason to trust your consolidation

Pillar 2 starts with consolidated financial data. If your consolidation is already running on a platform we support, the data foundation is in place. Adding Pillar 2 extends what you have — and gives you one more reason the numbers need to be right.

Connected services

Tax numbers don't live in isolation

Your Pillar 2 solution connects directly to your consolidation tool, your published reports, and your ongoing support. Here's where the data flows.

Where tax numbers land

Financial Consolidation & Close

Journal entries from Pillar 2 can flow directly into your consolidated financial statements. Running both on the same platform eliminates the manual handoff between tax reporting and group reporting.

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Publish the disclosures

Disclosure Management

Pillar 2 requires specific notes and disclosures. Disclosure management links directly to your tax/GloBE data — so your published notes always match the calculations.

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Ongoing support

Managed Services & Support

New jurisdictions, new entities, changed tax rates and updated exchange rates — your company changes constantly. We support you through each close cycle as your business evolves.

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FAQ

Questions about Pillar 2

This is new territory for most companies. Here are some of the questions we hear most from CFOs and heads of tax.

Implementing Tax Reporting with Oracle, OneStream or Tagetik typically takes between six and nine months for a standard, full-scale project. The timeline depends heavily on the complexity, customization requirements, and the specific modules implemented.

Yes. These solutions also support the country-by-country reporting (CbCR) using templates that can be automatically filled with information directly from your ERP or financial consolidation systems. 

Yes - this is one of the strengths using EPM solutions for meeting OECD Pillar Two (Global Minimum Tax) requirements. Tax managers can copy Pillar Two data to forecast scenarios for end-to-end modeling. 

That is always what we aim for. We would like someone from your team to be part of the project to learn the solution and ultimately be able to manage future changes themselves. 

Get started

Ready to talk?

30–45 minutes, digital or on-site — no commitment. Tell us what’s keeping your finance team up at night and we’ll tell you honestly whether we can help.

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We are based in Oslo, but projects can be delivered remote or onsite at your place.