In an effort to address tax issues surrounding the ever-growing digitalization of the global economy, the OECD proposed blueprint plans called Pillar One and Pillar Two. Though they were introduced  in October 2020, implementation remains a challenge. 

In this episode of the GILTI Conscience podcast, Europe tax head James Anderson and London tax partner Alex Jupp join our hosts to discuss how the U.K. may be the first out of the gate in Europe to see some traction with potentially carrying out the Pillars. 

From international M&A compliance to political challenges and technical hurdles, James and Alex detail many of the uncertainties the Pillars face in today’s climate, both in the U.K. and across the EU.

Tune in to find out more about the future of Pillars One and Two in the international market. 

💡 Featured Guests 💡

Name: James Anderson

What he does: As head of Skadden’s European tax practice, James  Anderson counsels on the full range of public capital markets transactions. Under his leadership, the firm’s European tax team has received numerous accolades for their work across numerous transactions.

Organization: Skadden

Words of wisdom: “We're at the beginning of a formation of a new universe, and […] it's a chance for [newcomers] to shine if you can get out ahead of the curve knowing the rules better.”

Connect: LinkedIn

Name: Alex Jupp

What he does: Mr. Jupp is a London tax partner who advises a wide variety of clients in transactional and non-transactional matters on U.K. and cross-border tax matters.

Organization: Skadden

Words of wisdom: “I would love for there to be a huge lobbying effort to say, ‘If you bring in Pillar One, can you get rid of DPT?’ That would be fantastic.”

Connect: LinkedIn

Connect with Skadden

☑️ Follow us on Twitter & LinkedIn.

☑️ Subscribe to GILTI Conscience on Apple Podcasts, Spotify, Google Podcasts, or your favorite podcast app.

☑️ Let us know what topics you would like to hear about on GILTI Conscience by emailing our executive producer at [email protected].

GILTI Conscience is a podcast by Skadden, Arps, Slate, Meagher & Flom LLP, and Affiliates. Skadden’s tax team is recognized globally for providing clients with creative and innovative solutions to their most pressing transactional, planning, and controversy challenges. The insights and views presented in GILTI Conscience are for general information purposes only and should not be taken as legal advice for any individual case or situation. The information presented is not a substitute for consulting with an attorney, nor does tuning into this podcast constitute an attorney-client relationship of any kind.