Is anyone looking into the solution in Oracle for the new corporate tax framework?
Recent years, UK and France announces new calculation methods for digital services, simply put, to tax digital services that do not need to be taxed under previous tax regime. However, those are similar to VAT/GST.
But I am wondering if any one starts to think about the IT solution for the new corporate tax framework, those are Pillar One and Pillar Two(attached below). I think it is about direct tax and more complicated than VAT-related digital taxes/digital service taxes.
I am trying to figure out requirement lists and make out the coming two years resources plan, really hope to discuss.