Pillar Two and Private Capital: What the new global minimum rate of effective taxation means for the private capital sector

In this podcast, our tax and funds & asset management lawyers discuss how the OECD/G20 plans for a global minimum tax will impact private capital. Tax partner James Burton (London) and tax counsel Guilhem Becvort (Luxembourg), moderated by funds & asset management partner Emma Danforth (London), discuss various topics including:

• Back to basics: What is Pillar Two and how will the new global minimum tax work?
• Key factors that determine who is in or out of scope of Pillar Two
• Potential exclusions that could apply to those in the private capital sector
• Practical implications for those in scope and why it is important to start thinking about these new rules now.