GloBE Country Guide: Italy
Analysis of the domestic implementation of the Pillar Two Global Minimum Tax rules in Italy for accounting periods beginning on or after 31 December, 2023. Updated for Legislative Decree No. 209 of December 27, 2023.
Austria, Romania and the Czech Republic Gazette Pillar Two Laws
On December 29, 2023 and December 30, 2023, Romania and the Czech Republic, and Austria (respectively) gazetted their Pillar 2 Laws.
South Korea Gazettes Amended Pillar Two Law
On December 31, 2023, Law 19928 was issued to amend the International Tax Adjustment Act to take account of a number of OECD amendments issued in the Administrative Guidance.
Slovakia, Slovenia, Croatia and Bulgaria Gazette Pillar Two Laws
Bulgaria, Croatia and Slovenia gazetted Pillar 2 laws on December 22, 2023, whilst Slovakia gazetted its Pillar 2 law on December 23, 2023,
Italy, Belgium & Finland Gazette Pillar Two Laws
On December 28, 2023, Italy, Belgium and Finland gazetted laws to implement the EU Minimum Tax Directive.
Germany, Luxembourg and The Netherlands Gazette Pillar Two Laws
Germany, Luxembourg and the Netherlands have all enacted Pillar Two Laws over the last few days.
GloBE Country Guide: Luxembourg
Analysis of the domestic implementation of the Pillar Two Global Minimum Tax rules in Luxembourg for accounting periods beginning on or after 31 December, 2023. Updated for the draft law n°8292 approved by Parliament on December 20, 2023.
UK and EU Issues Pillar 2 Guidance, Switzerland Delays IIR and UTPR
Today, the UK and EU have issued guidance on the application of the GloBE Rules whilst Switzerland is to introduce a QDMTT from December 31, 2023 and has delayed its IIR/UTPR.
GloBE Country Guide: Sweden
Analysis of the domestic implementation of the Pillar Two Global Minimum Tax rules in Sweden from January 1, 2024. Updated for Law No. SFS 2023:875 of December 16, 2023.
Gibraltar Brings Forward its QDMTT to December 31, 2023
On December 19, 2023, Gibraltar announced it is bringing forward its QDMTT to apply from December 31, 2023. This was previously intended to apply from December 31, 2024.
