Pillar 2

Support the calculation, analysis, and reporting of global minimum tax obligations in line with OECD Pillar 2 requirements and proactively streamline your compliance.

Planning for Pillar 2 obligations

Siloed data and systems make it hard to comply with obligations efficiently.

Pillar 2 calculations are complex, error prone, time intensive and need to produce audit-ready results.

Workflows and documentation are not transparent and cause duplication of efforts.

Forecasting tools lack precision which make managing risks challenging.

Key features

Ensure Pillar 2 compliance with streamlined data collection

Ensure efficiency

Import data from various sources like Excel, SAP and other Lucanet solutions for consistent, reliable source data, avoiding time intensive errors.

 

Save time and resources

Collect the exact data required by the OECD model rules and domestic tax laws  saving time spent on unnecessary tasks.

 

Ensure the precision of calculation

Performing automated safe harbour checks, Lucanet’s Pillar 2 module automatically identifies jurisdictions exempt under the transitional CbCR Safe Harbour and entities that can benefit from the NMCE Safe Harbour, streamlining compliance and focusing efforts where top-up taxes apply.

Set up efficient compliance

By automating complex calculations, MNEs can forgo manual work and ensure accurate, efficient compliance with global minimum tax rules.

Gain transparency across entities

Perform calculations in any currency used by an entity in your group and gain full visibility into your commitments.

Accurate jurisdictional calculations

Efficiently handle tax data and calculations across multiple jurisdictions, applying local rules and tax rates while ensuring consolidated compliance.

Seamless Data Flow from CbCR to Pillar 2 Model

Linking Pillar 2 data directly to your Country-by-Country Reporting (CbCR) ensures consistent, streamlined tax reporting across both compliance areas.

Automated reporting

Create an OECD-compliant XML file or submit a report to the Tax authorities straight from the module and avoid reworks or delays.

The CFO Solution Platform of choice for financial excellence

Empower your finance teams with next-generation, purpose - built solutions that unify data, people, and strategy, boosting efficiency and driving strategic decisions - all within a secure, scalable, and best-in-class cloud environment.

Customer stories

"What we appreciate about Lucanet Tax Compliance and Reporting are the automation possibilities for our processes as well as the specific cantonal requirements from Swiss tax law that are reflected in the software. We have been using Lucanet Tax Compliance and Reporting in the tax compliance area since 2014. The Lucanet Tax Compliance and Reporting also convinced us with its flexibility in integrating different data sources."
 

Sabine Stumpe
Head of Corporate Taxes

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Resources

Tools to help grow your business

On Demand Webinar

Pillar 2 and Deferred Taxes: Challenges and Solutions

Are you struggling to navigate the complexities of calculating deferred taxes under Pillar 2? In this webinar, our panel of seasoned experts will delve deep into the distinct challenges associated with Pillar 2 deferred taxes.

On Demand Webinar

Year End Innovation Unveiled: Elevate CbCR Accuracy & Automate Pillar 2 Compliance

Join us for an exclusive webinar showcasing the latest innovations in tax reporting for Q4.

On Demand Webinar

GTC Suite 2024: Highlights & new functions

Register now and don't miss any important new features of GTC Suite 2024.

Efficient Pillar 2 calculation

eBook

Efficient Pillar 2 calculation

Pillar 2 presents multinational companies with a daunting task. Discover solutions for efficient and accurate Pillar 2 calculation in this eBook.

  • Compliance obligations and simplification due to DAC9 directive – a step towards fair taxation
    Learn how DAC9 Directive can simplify tax processes for MNEs, reducing compliance burdens and enhancing efficiency.
  • Mastering Pillar 2 calculations: Greater efficiency with innovative solutions
    Discover how finance teams are mastering the complex challenges of Pillar 2. Discover solutions to make your Pillar 2 calculations accurate and efficient.
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  • Global minimum tax: Understanding the Transitional CbCR Safe Harbour
    Learn about the CbCR Safe Harbour transitional relief under the global minimum tax and how it simplifies compliance for multinational enterprises in the initial years.
    Global minimum tax
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