A Review of Canada’s Draft GloBE Law
On August 4, 2023, Canada issued the draft Global Minimum Tax Act (the ‘draft law’) for consultation.
Key Aspects of Finland’s Draft GloBE Law
On August 15, 2023, the Finnish Ministry of Finance issued a draft law for the implementation of the EU Global Minimum Tax Directive
Pillar Two: AI-Powered Research Tool Updated for Latest Developments, and 100+ Languages
Our Pillar Two: AI-Powered Research Tool has been updated for the latest Pillar Two developments. Free access for members.
Vietnam Issues Draft Pillar 2 Resolution
On August 2, 2023, the Vietnamese government issued Draft Resolution No. 122/NQ-CP, the 2023 on the introduction of the GloBE rules in Vietnam.
Key Aspects of Luxembourg’s Draft GloBE Law
On 4 August 2023, the Luxembourg government issued Draft Law No. 8292 to implement the EU Global Minimum Tax Directive.
Bermuda Issues Consultation for a Corporate Income Tax
As a result of the international introduction of the Pillar Two GloBE rules, on August 8, 2023, the Government of Bermuda issued a Public Consultation on the Introduction of Corporate Income Tax in Bermuda.
Canada Issues Draft Global Minimum Tax Act
On August 4, 2023, Canada issued the draft Global Minimum Tax Act for consultation. The consultation closes on September 8, 2023.
Slovakia Issues Draft Pillar Two Law
On August 3, 2023, Slovakia issued a draft Pillar Two law, which includes an IIR, UTPR and a QDMTT.
Ireland GloBE Country Guide: Updated
The GloBE Country Guide for Ireland has been updated for the Irish Second Feedback Statement issued on July 27, 2023.
Ireland Issues Second Feedback Statement on Pillar Two
On July 27, 2023, Ireland issued its Second Feedback Statement on the Pillar Two GloBE Rules. This includes draft legislation for the Transitional CbCR and UTPR Safe Harbours and the QDMTT.
