It was arguably the most significant re-write of in the international tax rules in a century: the Base Erosion and Profit Shifting, or BEPS 1.0. Now after seven years the OECD is ready to implement its successor. The big question is: What will the revision mean for the taxation of profits from large international corporations, especially in this digital economy? And what is the deal with these two pillars everybody in the tax world in talking about? In this new EY Time for Tax podcast Linda Herms is joined by Marlies de Ruiter, partner at EY and specialist of Global International Tax Policy and Coen Twigt, manager and specialist ITTS Transfer Pricing, to discuss these questions and more.