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.