Why Excel Spreadsheets are Untenable for Pillar II Compliance
If your teams are battling spreadsheets, you are already behind with Pillar II. Tax and finance teams are already stretched by the granular, entity-level data requirements of Country-by-Country Reporting (CbCR). Now, Pillar II (the global minimum tax) will introduce over 150 new data points per entity. In practice, this means collecting, reconciling and reporting thousands of data points.…
