Additional Information on the CbCR Safe Harbour in the OECD Administrative Guidance
The December 2023 OECD Administrative Guidance provides additional information on the application of the Transitional CbCR Safe Harbour in a number of areas.
OECD Guidance Includes Details of the Simplified Calculation Safe Harbour for NMCEs
The December 2023 OECD Administrative Guidance provides further information on the NMCE Simplified Calculations (for the Simplified Calculations Safe Harbour).
Purchase Accounting Adjustments and the CbCR Safe Harbour
The December 2023 Administrative Guidance provides more guidance on whether purchase accounting adjustments also need to be removed from Qualified Financial Statements for the purposes of the Transitional CbC Safe Harbour.
OECD Issues New Administrative Guidance
Today, the OECD issued their Third Set of Administrative Guidance on the Pillar Two GloBE Rules.
English Translation of the Danish Global Minimum Tax Law
English Translation of the Danish Global Minimum Tax Law
Austria GloBE Country Guide: Updated
The Austrian GloBE Country Guide has been updated for the Minimum Tax Law approved by Austria’s National Council on December 14, 2023.
Denmark Enacts Pillar 2 Law While Austria, Bulgaria, Germany & Malaysia Have Parliamentary Approval
Draft laws to implement the Pillar Two Globe rules have been passed by Parliaments in Austria, Bulgaria, Germany and Malaysia this week. Denmark has enacted its Minimum Tax Act.
English Translation of the Belgian Enacted Global Minimum Tax Law
English Translation of the Belgian Enacted Global Minimum Tax Law
English Translation of the Austrian Draft Global Minimum Tax Law Explanatory Notes
English Translation of the Austrian Explanatory Notes to the Draft Global Minimum Tax Law
EU Issues Commission Notice For Jurisdictions Delaying the IIR/UTPR
Today, the EU Commission published the Commission Notice to Elect to delay application of the IIR and UTPR under Article 50 of the Pillar Two Directive.
