KPMG BEPS Automation Technology (KBAT)

Are you ready for BEPS 2.0 Pillar 2?

With the introduction of global minimum taxation, companies are facing numerous challenges. In order to fulfil the resulting tax payment and declaration obligations, they must introduce a completely new tax calculation. Compliance with the global minimum tax requirements is very complex and requires constant monitoring and review of the company's tax position. Our innovative solution KBAT (KPMG BEPS 2.0 Automation Technology) supports you in this process.

KBAT categorises your business units according to Pillar 2 types and calculates the minimum tax based on your income, taxes and effective tax rate as well as a comparison with the minimum tax rate - both for the ultimate parent company and for the national companies. Efficient data management facilitates the fulfilment of your tax obligations, with KBAT using both ERP and non-ERP systems as a data basis. The cloud-based solution can be navigated via a dashboard. You can download your results as Excel files. A print version of the minimum tax report is also available - and as soon as the OECD publishes the XML schema for the minimum tax report, this will also be implemented in KBAT so that the corresponding data records can be retrieved. If you have outsourced tasks to external service providers, for example as part of a managed service approach, KBAT can also be provided for these process steps.

KBAT can be used via our innovative Digital Gateway platform. Digital Gateway gives you access to all the tax and legal technology solutions you use.

You can find more information here.

For a good data basis, it is advantageous to set up a data model that takes the following aspects into account:

• Identification of relevant data
  
• Mapping and structuring the data
  
• Data retrieval - automated or by means of individual questionnaires
  
• Ensuring the quality of the data
  
• Adaptability
  

To ensure these aspects, you can utilise other aspects of our Digital Gateway platform - for example, our Legal Entity Management, with which you can easily record your ongoing group changes and evaluate them in terms of Pillar 2 relevance.

Interested? Get in touch with us.