Hello everyone, welcome to the PWC TaxBite podcast series. My name is Peter Drey and I'm very happy that I can host today two experts in the field of transfer pricing to talk about the amount B. Let me first introduce the persons I have with me in my virtual recording studio.

First of all, I have Jill Franson's with me.

Jill is a member of our team focusing on business models and in that capacity,

working with multiple clients on the OCD Pillar Project.

And also with me is Stefan the Bates. Stefan is a senior council in our team.

He doesn't need any further introduction, I would say, because he's a regular guest to my podcast

series. So welcome, Jill and Stefan. Jill, let me start with a question for you. We're going to talk

about the amount B of the Pillar project.

Why is amount B relevant?

Why are we talking about that today?

Yeah, thanks, Peter.

And maybe let me just start by taking a step back.

So I guess most of your your listeners peter they they will

be fairly familiar with pillar two so the global minimum tax um amount b actually is part of the

pillar one project so the the other uh pillar in the the oECD project where pillar one the focus of

that one is really to focus on the reallocation of taxing rights in pillar one

we have we have an amount A and an amount B amount A we had a progress report

which was released over the summer.

I think that was also, we covered that one in one of the podcast episodes as well.

So I want to go into much detail on that one.

But now we have a consultation document on amount B.

And for, you know, most of your listeners will probably know this, but for

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