Bloomberg Tax
Free Newsletter Sign Up
Login
BROWSE
Bloomberg Tax
Welcome
Login
Advanced Search Go
Free Newsletter Sign Up

EY Tax Vice Chair Optimistic on Global Tax Agreement (Podcast)

Oct. 6, 2022, 8:45 AM

The global tax pact that has been agreed to by nearly 140 countries has run into some obstacles, but the new global vice chair of tax for EY thinks chances are good that the big changes the agreement calls for will ultimately be implemented.

Listen here and subscribe to Talking Tax on Apple Podcasts, Spotify, Google Podcasts, Stitcher, Megaphone, or Audible.

EY’s Marna Ricker acknowledges that there’s a lot of work still to be done on both of the key parts of the agreement—Pillar One, which would reallocate a chunk of the taxing rights on big companies’ profits to other countries, and Pillar Two, which would impose a 15% global minimum tax.

“I think this is going to be a really interesting window of time,” Ricker said.

On this episode of Talking Tax, senior reporter Michael Rapoport discusses the OECD agreement and the new Inflation Reduction Act taxes with Ricker, who assumed her new post on Oct. 1. She’s been with EY for 28 years, and had previously been vice chair of tax for EY Americas.

Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.

To contact the reporter on this story: Michael Rapoport in New Jersey at mrapoport@bloombergindustry.com

To contact the editors responsible for this story: Meg Shreve at mshreve@bloombergindustry.com; Vandana Mathur at vmathur@bloombergtax.com