Pillar 2: Why Companies Need to Accelerate Their Tax Reporting Readiness
The global tax reform led by the OECD (and its now well-known Pillar 2), is reshaping the operational and compliance landscape for multinational groups. The goal? To enforce a minimum 15% corporate tax rate for large international companies and foster greater fairness in tax distribution worldwide.
At the first edition of kShuttle Connect, three experts: Marie-Laure Navelot (kShuttle), François Lebelt (OP Mobility), and Laurent Leclercq (Fidal), shared insights and perspectives on this new regulatory framework. Here’s a deep dive into a complex, yet highly strategic issue.
1. From Tax to Sustainability: A Shared Responsibility
As Marie-Laure Navelot emphasized early in the discussion, Pillar 2 is about more than numbers: “Taxation funds the common good: infrastructure, education, social systems… That’s the spirit behind the OECD’s Pillar 2 initiative.”
Its ambition: to rebalance fiscal contributions from major multinational companies – particularly in support of developing countries, which have historically received a smaller share of global tax revenues.
2. Pillar 2: From Inertia to Data Structuring
Although the compliance deadline is set for mid-2026, Pillar 2 is far more than a technical reporting requirement. It demands a deep standardization of tax data, often fragmented across different systems.
Marie-Laure Navelot shared a warning: “There’s a real sense of inertia. Some groups don’t seem to realize that this is a project in its own right. And yet, June 30, 2026 is approaching fast.”
Waiting too long could put companies at serious risk: financial exposure, audit discrepancies, and reputational damage. But this regulatory shift can also be a strategic opportunity, to rationalize systems and clean up tax data at scale.
As Laurent Leclercq noted, the framework paves the way for greater clarity and interoperability in tax operations.
3. Beyond Tax: A Governance Challenge
“This isn’t just about tax. It’s about data, governance, and information quality.” François Lebelt (OP Mobility) reminded participants that compliance will require collaboration across departments: from Finance to HR, Accounting to IT.
This collaborative requirement forces organizations to rethink silos and strengthen cross-functional governance. Implementing Pillar 2 means reshaping data flows, ownership models, and even tool choices.
4. Anticipate, Structure, Cooperate
Yes, the clock is ticking. But it’s not just about meeting the deadline. Early action offers real advantages – from improving strategic tax positioning to strengthening data ownership.
As Navelot pointed out, companies that begin now will benefit long-term: “The earlier the effort, the stronger the foundation for a sustainable reporting process.”
5. A Topic That Deserves More Attention — For Now
Despite its importance, Pillar 2 remains under-discussed in many companies. Yet the implications are far-reaching.
By sharing insights, best practices, and common pitfalls, the speakers sent a clear signal: now is the time to act. “If we wait, we’ll have the wrong data, make the wrong calculations, and corrections will cost even more,” warned François Lebelt.
Rather than fear the complexity, companies should seize this as a catalyst for alignment, structure, and competitiveness.
➤ Want to learn more about how ExRP can support your regulatory reporting needs?
➤ Missed the session? Watch all kShuttle Connect replays here.
➤ Don’t miss the web series: “10 Minutes on Pillar 2”, hosted by Marie-Laure.
