Pension Funds & Pillar Two
Pension funds are subject to a number of specific provisions under the Pillar Two rules. In this article we look at some of the key aspects of Pillar Two that impact on Pension Funds.
Poland Issues a List of Jurisdictions that Have Qualified IIRs and DMTTs for Pillar 2
On February 12, 2025, Poland issued a list of jurisdictions that have qualified status for the purposes of the income inclusion rule and domestic minimum tax (including the QDMTT Safe Harbour).
Practical Implications of Pillar 2 Compliance after the January 2025 OECD Guidance
In January 2025, the OECD provided some much-needed guidance on the operation of the Pillar 2 GloBE rules. This Orbitax article provides an analysis of the impact of the guidance on Pillar 2 compliance.
UAE Issues a Cabinet Decision on the Pillar Two Domestic Minimum Tax
In this article we look at the implementation of the Pillar 2 Domestic Minimum Tax in the United Arab Emirates, based on Cabinet Decision 142 of 2024 issued on February 8, 2025
GloBE Country Guide: The UAE
Analysis of the domestic implementation of the Pillar Two Global Minimum Tax rules in the United Arab Emirates for accounting periods beginning on or after January 1, 2025. Updated for the Cabinet Decision issued on February 8, 2025.
A Detailed Review of the Implementation of the Global Minimum Tax in Germany
In this article we look at the implementation of the Pillar 2 Global Minimum Tax in Germany, including the implementation of the OECD Administrative Guidance.
Romania Issues Order to Amend Tax Payment Return for Global Minimum Tax
On February 7, 2025, Order no. 193 of 2025 was published in the Official Gazette. This provides amendments to the income tax return (form 100) to report amounts due under the IIR/UTPR or DMTT.
Denmark Issues a Draft Law for June 2024 and January 2025 OECD Administrative Guidance
On February 3, 2025, the Danish Ministry of Finance issued draft legislation (Bill 2024-4606) for consultation. This is to amend the Danish Minimum Tax Act for the June 2024 and January 2025 OECD Administrative Guidance.
A Detailed Review of France’s Global Minimum Tax Law
On 10 October 2024, the French Government presented the draft Finance Bill for 2025 to Parliament. This includes amendments to its General Tax Code to reflect the OECD Administrative Guidance, including the December 2023 OECD amendments to the Safe Harbours.
Liechtenstein Issues Pillar 2 Registration Rules
On January 9, 2025, Liechtenstein released its GloBE Registration form (submitted via email within 6 months of the end of the fiscal year).
