Hank Moonen, Author at TaxModel, a Tax Systems Company

Pillar 2 Elections Explained: Election to Spread Capital Gains

Pillar 2 elections explained In this blog series we explain the Pillar 2 elections as prescribed in Global Anti-Base Erosion Model Rules (Pillar Two) Pillar 2 election to spread capital…

Hank MoonenApril 19, 2023

Blog Pillar 2 Tax Accounting

Pillar 2 Elections Explained: Realization Method instead of Fair Value Method

Pillar 2 elections explained In this blog series we explain the Pillar 2 elections as prescribed in Global Anti-Base Erosion Model Rules (Pillar Two) Realization Method instead of Fair Value…

Hank MoonenApril 11, 2023

Blog Pillar 2 Tax Accounting

How does CbCR impact Pillar 2 compliance?

CbCR data will have an impact on the Pillar 2 safe harbour provisions. It will begin to form the core of Pillar 2 compliance. What are the Pillar 2 safe…

Hank MoonenApril 10, 2023

Blog Pillar 2 Tax Accounting

Pillar 2 Elections Explained: The Stock-based Compensation Election

Pillar 2 elections explained In this blog series we explain the computation of GloBE Income or Loss as prescribed in Global Anti-Base Erosion Model Rules (Pillar Two) Pillar 2 stock-based…

Hank MoonenApril 6, 2023

Blog Pillar 2

The 6 unprecedented effects of Pillar 2 on the international tax landscape

In a major step forward on 8 October 2021, over 135 Inclusive Framework members, representing more than 95% of global GDP, joined a two-pillar solution to reform international tax rules…

Hank MoonenFebruary 27, 2023

Blog Transfer Pricing

Transfer pricing is all about substance – Industry Overview

How to outline Industry Overview in Transfer Pricing Documentation? In the industry overview of transfer pricing documentation, the multinational should provide a clear outline of the nature and the…

Hank MoonenNovember 28, 2022

Blog Transfer Pricing

Transfer pricing is all about substance – How to perform a DEMPE analysis

BestBikes, a super-premium bicycle brand, has entities throughout Europe. The group develops a new bicycle, owned and promoted by the German principal entity of the group, BestBikes International GmbH ("BBINT").…

Hank MoonenOctober 6, 2022

Blog Transfer Pricing

The economic intent of intercompany financial transactions

When analyzing financial transactions between affiliated parties, it is essential to consider the economic context or the economic rationale for the existence of such intercompany dealing. There is, in most…

Hank MoonenSeptember 27, 2022

Blog Transfer Pricing

Cyprus introduces transfer pricing rules and documentation requirements

Cyprus introduces transfer pricing rules and documentation requirements On 30 June 2022, the House of Representatives of Cyprus voted on and approved amendments to the Income Tax Law and the…

Hank MoonenSeptember 22, 2022

Blog Transfer Pricing

How to perform an assets assessment within a functional Analysis

In assessing assets, you should determine if these are present or owned by each party in the transaction and, if yes, to what extent. You should look at actual assets.…

Hank MoonenSeptember 14, 2022

Blog

Tax Transformation Trends: The tax function is at a tipping point!

As companies accelerate their digital transformation, embed new ways of working, and identify new growth opportunities, they are relying on tax perspective to help them navigate the challenges that arise…

Hank MoonenSeptember 5, 2022

Blog Transfer Pricing

Functional Analysis in Transfer Pricing

Transfer pricing is all about substance - the functional analysis As per the OECD Transfer Pricing Guidelines (see the 5th bullet under section "Controlled transactions" OECD Transfer Pricing Guidelines for…

Hank MoonenAugust 30, 2022

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Hank Moonen

Pillar 2 Elections Explained: Election to Spread Capital Gains

Pillar 2 Elections Explained: Realization Method instead of Fair Value Method

How does CbCR impact Pillar 2 compliance?

Pillar 2 Elections Explained: The Stock-based Compensation Election

The 6 unprecedented effects of Pillar 2 on the international tax landscape

Transfer pricing is all about substance – Industry Overview

Transfer pricing is all about substance – How to perform a DEMPE analysis

The economic intent of intercompany financial transactions

Cyprus introduces transfer pricing rules and documentation requirements

How to perform an assets assessment within a functional Analysis

Tax Transformation Trends: The tax function is at a tipping point!

Functional Analysis in Transfer Pricing

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