OECD releases Pillar Two Side-by-Side Package and what it means for multinational groups
Client AlertOECD announces the ‘Side-by-Side’ administrative guidance package
Congratulations to our new Partners and Principal. Read more now.
Jethro is a Corporate Tax specialist with over 14 years of professional experience working in tax. Having worked at the ATO as a Tax Specialist, he brings a unique and pragmatic perspective to his clients, expertly navigating the complexities of Australian tax.
He advises on a variety of tax issues, including structuring, restructures, mergers, integrations, tax controversy and tax compliance support. Jethro’s extensive experience allows him to provide strategic insights and solutions tailored to each client's specific needs.
With his deep understanding of the commercial and operational considerations for entities both expanding offshore and entering into Australia, Jethro is adept at guiding businesses through the intricate landscape of international tax. He helps clients optimise their tax positions while maintaining compliance with Australian regulations, ensuring their global operations are efficient and compliant.
Jethro is part of Grant Thornton Australia’s national Pillar Two team advising clients on the global minimum tax rules, helping organisations understand and manage the significant compliance, data, and operational challenges arising from this new framework.
He supports clients in assessing their exposure, interpreting evolving guidance, and implementing practical strategies to remain compliant while optimising their global tax position.
OECD announces the ‘Side-by-Side’ administrative guidance package
The Australian Pillar Two Rules align with the OECD’s initiative to ensure MNEs pay a minimum Effective Tax Rate (ETR) of 15 per cent globally.
The Australian tax landscape for multinationals has significantly shifted with the implementation of the Debt Deduction Creation Rules (DDCR) (in Subdivision 820-EAA of the ITAA 1997).