Domestic GloBE Implementation

Last Updated: December 11, 2024

Note: For detailed information on the status of domestic legislation, including draft laws and other regulations, please see Pillar Two GloBE Legislation & Domestic Guidance
Members can access the latest 2024 Pillar 2 jurisdictional developments in our Pillar 2 Tracker. Earlier jurisdictional developments can be viewed at 2023 developments and 2022 developments.

CountryStatusIIRUTPRQDMTTAnalysis
African Tax Administration Forum (ATAF)Draft LegislationN/AN/AYes
  • ATAF Releases Domestic Minimum Tax Legislation
  • ArgentinaPlanned for 2024 Budget packageAwaiting DetailsAwaiting DetailsAwaiting Details
  • See our Pillar Two Developments Tracker
  • AustraliaEnacted Legislation

    (See our English Translation)

    See: Australia: GloBE Country Guide
    January 1, 2024January 1, 2025January 1, 2024
  • Australia Submits Pillar 2 Laws to Parliament
  • A Review of Australia’s Draft Pillar Two Legislation
  • Australia Issues Update on Global Minimum Tax
  • Australian Budget Confirms 2024 GloBE Implementation
  • Australia’s Consultation on Pillar Two
  • See our Pillar Two Developments Tracker
  • AustriaEnacted Legislation (See our English Translation)

    See: Austria: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Austria Updates Minimum Tax Act for Aspects of OECD Administrative Guidance
  • A Review of Austria’s Draft Pillar Two Law
  • BahamasDraft Legislation
    See: Bahamas: GloBE Country Guide
    NoNoJanuary 1, 2025 (unless the Group or any of its Constituent Entities is subject to an IIR or UTPR in another jurisdiction in respect of that Fiscal Year)
  • GloBE Country Guide: The Bahamas
  • The Bahamas Issues a Policy Paper on a New CIT System, Including a QDMTT
  • The Bahamas & Cayman Islands Approach To The Global Minimum tax
  • See our Pillar Two Developments Tracker
  • BahrainEnacted Legislation (See our English Translation)

    See: Bahrain: GloBE Country Guide
    NoNoJanuary 1, 2025
  • GloBE Country Guide: Bahrain
  • BarbadosDraft Legislation
    See: Barbados: GloBE Country Guide
    NoNoJanuary 1, 2024
  • GloBE Country Guide: Barbados
  • Bermuda and Barbados Announce GloBE Implementation
  • Barbados 2023 Budget Confirms Global Minimum Tax Proposals Are In Progress
  • BelgiumEnacted Legislation (See our English Translation)

    See: Belgium: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Belgium Issues a Draft 7 Page QDMTT Return for Consultation
  • Belgium Extends Registration Deadline to September 16, 2024 if no 2024 GMT Advance Payments
  • Belgian Royal Decree Sets July 13, 2024 as the Deadline for the First GloBE Notification Form
  • Belgium’s Pillar Two Notification Form Requires Significant Data Input
  • Belgium Issues Draft Law to Implement the OECD Administrative Guidance
  • A Review of Belgium’s Draft Pillar Two Law
  • BermudaEnacted LegislationNoNoNo
  • Bermuda Issues Draft Corporate Income Tax Law
  • Bermuda and Barbados Announce GloBE Implementation
  • Bermuda Announces 2024 Global Minimum Tax in 2023 Throne Speech
  • Bermuda Issues Consultation for a Corporate Income Tax
  • Bermuda’s Plans For a Global Minimum Tax
  • BrazilEnacted Law
    See: Brazil: GloBE Country Guide
    NoNoJanuary 1, 2025
  • Brazil Implements a QDMTT From January 1, 2025
  • Brazil Planning 15% Global Minimum Tax Implementation
  • OECD Recommends Global Minimum Tax is Included in Brazil’s Tax Reform
  • British Virgin Islands (BVI)CommentaryN/AN/AN/A
  • The BVI is Taking a Different Approach to the Bahamas for Pillar 2
  • BulgariaEnacted Legislation (See our English Translation)

    See: Bulgaria: GloBE Country Guide
    January 1, 2024January 1, 2025January 1, 2024
  • Bulgaria’s GMT Amendment Act Sent to Parliament
  • Bulgaria Issues a Draft Law to Provide for OECD Administrative Guidance, Including the UTPR Safe Harbour
  • A Review of Bulgaria’s Draft Pillar Two Law
  • CanadaEnacted Legislation

    See: Canada: GloBE Country Guide
    December 31, 2023Draft Law (December 31, 2024)December 31, 2023
  • Canada Issues Explanatory Notes on the Global Minimum Tax
  • A Review of Canada’s Draft GloBE Law
  • Cayman IslandsCommentaryN/AN/AN/A
  • See our Pillar Two Developments Tracker
  • ChinaCommentaryN/AN/AN/A
  • Chinese Developments in Global Minimum Tax Implementation
  • A Review of China’s Tax Law From a Pillar Two Perspective
  • CroatiaEnacted Legislation

    See: Croatia: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • See our Pillar Two Developments Tracker
  • CuracaoDraft LegislationJanuary 1, 2025NoJanuary 1, 2025
    CyprusDraft Legislation (See our English Translation)

    See: Cyprus: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2024
  • Cypriot GMT Law Tabled in Parliament Includes Detailed QDMTT Provisions
  • Portugal Approves Pillar 2 Law, Bahamas and Cyprus Table Legislation in Parliament
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • A Review of Cyprus’s Draft Pillar Two Law
  • Czech RepublicEnacted Legislation (See our English Translation)

    See: Czech Republic: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Czech Republic Amends Draft Law Amending its GloBE Law
  • A Review of the Czech Draft Top-Up Tax Act
  • GloBE Country Guide: Czech Republic
  • DenmarkEnacted Legislation

    See: Denmark: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Denmark GloBE Country Guide: Updated for June 2024 Amending Law
  • A Review of the Danish Draft Minimum Tax Act
  • Danish Tax Authority Issues MNEs a Questionnaire for the GloBE Information Return
  • EstoniaEnacted Legislation

    See: Estonia: GloBE Country Guide
    Art. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029No
  • Estonia Issues Draft Pillar 2 Law Including Art. 50 Postponement
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • See our Pillar Two Developments Tracker
  • Pillar Two GloBE Rules and Estonia’s Distribution Tax
  • European UnionEnacted December 31, 2023December 31, 2024Left to Individual EU Jurisdictions
  • EU Issues DAC 9 Proposal for Centralised GIR Filing Within the EU
  • The New Zealand and EU Approaches to the Domestic Income Inclusion Rule (DIIR)
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • EU Issues Commission Notice For Jurisdictions Delaying the IIR/UTPR
  • Mapping the Model Rules to the EU Global Minimum Tax Directive
  • Full Steam Ahead For EU Pillar Two Implementation
  • Review of the Draft EU Pillar Two Directive
  • FinlandEnacted Legislation (See our English Translation)

    See: Finland: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Finland Issues Draft Pillar 2 Amendment Law to Reflect OECD Administrative Guidance
  • Key Aspects of Finland’s Draft GloBE Law
  • FranceEnacted Legislation (See our English Translation)

    See: France: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • France Issues a Decree for Pillar 2 Reporting Requirements
  • France GloBE Country Guide Updated for the 2025 Finance Bill
  • A Review of France’s Draft Pillar Two Law
  • GermanyEnacted Legislation (See our English Translation)

    See: Germany: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Germany Issues a Second Discussion Draft to Amend its GMT Law for June 2024 OECD Guidance
  • German Annual Tax Act Includes GMT Amendments
  • German MoF Issues Draft Law for AG3 Provisions Including Transitional CbCR and Blended CFC Rules
  • Germany Releases its Group Parent Notification Form for German Minimum Tax Groups
  • Germany Includes an Amendment to its GMT Law in the Draft Annual Tax Act
  • Germany Issues Draft GMT Return For Feedback
  • Germany Approves and Updates its GloBE Law
  • Amendments to Germany’s Pillar 2 Regime in the Updated Draft Law
  • GloBE Country Guide: Germany
  • Germany Publishes Draft Global Minimum Tax Legislation
  • German Proposals Include a Pillar Two Whitelist
  • GibraltarDraft Law

    See: Gibraltar: GloBE Country Guide
    December 31, 2024Awaiting DetailsDecember 31, 2023
  • Gibraltar Issues Draft GloBE Law for a DMTT and IIR
  • Gibraltar 2024 Budget Confirms QDMTT Introduction
  • See our Pillar Two Developments Tracker
  • GreeceEnacted Legislation

    See: Greece: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Greece Enacts Pillar Two Law
  • A Review of Greece’s Draft Pillar Two Law
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • See our Pillar Two Developments Tracker
  • GuernseyEnacted January 1, 2025 NoJanuary 1, 2025
  • Guernsey Enacts its Global Minimum Tax Law
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • Hong KongConsultation/drafting legislationJanuary 1, 2025 Deferred to a later dateJanuary 1, 2025
  • Hong Kong Issues Outcome of the Consultation on the Introduction of the GloBE Rules
  • Hong Kong to Implement Global Minimum Tax in 2025
  • See our Pillar Two Developments Tracker
  • HungaryEnacted Law (See our English Translation)

    See: Hungary: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Hungary GloBE Registration Form Available for Submission
  • Hungary Issues GloBE Registration Form and Domestic Filing Entity Form
  • GMT Amendments in the Hungarian Autumn Tax Package Passed to President for Signature
  • Hungary Includes GloBE Amendments in its 2024 Autumn Tax Proposal
  • Hungary Becomes The First EU Member To Enact Pillar 2 Law
  • Hungary Approves and Updates its GloBE Law
  • A Review of Hungary’s Draft Pillar Two Law
  • Hungary’s Prime Minister Reiterates the Local Business Tax is a Covered Tax for GloBE Purposes
  • IcelandConsultationJanuary 1, 2025Awaiting DetailsJanuary 1, 2025
    IndiaCommentaryAwaiting DetailsAwaiting DetailsAwaiting Details
  • India’s Tax Regime after Pillar Two: Key Risks and Opportunities
  • IndonesiaPartial Enactment + MoF statementJanuary 1, 2025January 1, 2026January 1, 2025
  • Indonesian Regulation Signals Global Minimum Tax Implementation
  • Director of Indonesian Tax Authority Confirms Planned 2024 GloBE Implementation
  • See our Pillar Two Developments Tracker
  • IrelandEnacted Legislation

    See: Ireland: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Ireland’s 2024 Finance Act Includes Numerous GMT Adjustments for the OECD Administrative Guidance
  • Ireland GloBE Country Guide Updated for the 2024 Finance Bill
  • A Review of Ireland’s Draft Pillar Two Law
  • Ireland Issues Second Feedback Statement on Pillar Two
  • Ireland Issues Draft Global Minimum Tax Law For Feedback
  • Irish 2022 Finance Bill Changes for Pillar Two
  • Isle of ManDraft Law

    See: Isle of Man: GloBE Country Guide
    January 1, 2025NoJanuary 1, 2025
  • Isle of Man Parliament Passes the Global Minimum Tax (Pillar Two) Order 2024
  • Isle of Man Issues Draft Legislation for the IIR and QDMTT from 2025
  • Isle of Man Announces QDMTT From 2025
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • IsraelAnnouncementNoNoJanuary 1, 2026
  • Israel to Apply a QDMTT from 2026
  • Israel Reaffirms Pillar Two Implementation
  • Key Risks for MNEs Operating in Israel after Pillar Two
  • ItalyEnacted Legislation (See our English Translation)

    See: Italy: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Italy Issues SBIE Decree to Implement the July 2023 and June 2024 OECD Administrative Guidance
  • Detailed Analysis of the Italian QDMTT Implementing Decree
  • Italy Issues a Decree for the Transitional CbCR & UTPR Safe Harbours
  • A Review of Italy’s Draft Pillar Two Law
  • JamaicaProposalNoNoAwaiting Details (Planned Transposition from the OECD Model Rules)
  • See our Pillar Two Developments Tracker
  • JapanEnacted Law (See our English Translation)

    See: Japan: GloBE Country Guide
    April 1, 2024NoBeing Considered for 2025
  • Japan Issues Circular for Additional GloBE Guidance
  • What Japan’s Cabinet Order on Pillar 2 Includes & Doesn’t Include
  • Overview of Japan’s Latest Ministerial Ordinance on Pillar 2
  • GloBE Country Guide: Japan
  • Overview of Japan’s Cabinet Order on the Global Minimum Tax
  • Japan’s Global Minimum Tax Law Is Enacted
  • See our Pillar Two Developments Tracker
  • Japans Pillar 2 Proposals in its 2023 Tax Reform Outline
  • Japan Submits Draft Pillar Two Law to Parliament
  • Japan’s Accounting Standards Board Publishes Deferred Tax Guidance For Global Minimum Tax
  • Sourcing the Japanese Pillar Two Law to the OECD Model Rules
  • JerseyEnacted Law

    See: Jersey: GloBE Country Guide
    January 1, 2025 NoNo
  • Jersey GloBE Guide Updated for Final Enacted Law
  • Jersey to implement an IIR and DMT from January 1, 2025
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • Jerseys approach to Pillar Two implementation
  • KenyaDraft LegislationNoNoJanuary 1, 2025
  • Kenya Includes a Domestic Minimum Tax in its 2024 Finance Bill
  • See our Pillar Two Developments Tracker
  • KuwaitDraft Legislation (See our English Translation and our Kuwait: GloBE Country Guide)NoNoJanuary 1, 2025
  • Kuwait Issues a Draft Law to Introduce a Domestic To-Up Tax from 2025
  • Kuwait Considers Pillar Two Application
  • IMF Recommends Extension of Kuwait’s CIT For GloBE Implementation
  • LatviaEnacted Legislation

    See: Latvia: GloBE Country Guide
    Art. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029No
  • Latvian Parliament Adopts Law to Implement EU Minimum Tax Directive
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • Latvia Issues Draft Pillar Two Law & Confirms Postponement
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • LiechtensteinEnacted Legislation (See our English Translation)

    See: Liechtenstein: GloBE Country Guide
    January 1, 2024January 1, 2025January 1, 2024
  • A Review of the Liechtenstein GloBE Regulation
  • Liechtenstein Publishes Draft Global Minimum Tax Law
  • LithuaniaEnacted Legislation (See our English Translation)

    See: Lithuania: GloBE Country Guide
    Art. 50 Postponement to December 31, 2029 (draft law to apply an IIR from January 1, 2025)Art. 50 Postponement to December 31, 2029 (draft law to apply a UTPR from January 1, 2025)No (draft law to apply a QDMTT from January 1, 2025)
  • Lithuania GloBE Country Guide Updated for Latest Draft Law
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • Lithuania Issues Draft Pillar Two Law & Confirms Postponement
  • LuxembourgEnacted Legislation (See our English Translation)

    See: Luxembourg: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Luxembourg GloBE Guide Updated for October 2024 Amendments to Draft Law
  • Luxembourg Government Approves Draft Law to Include Additional OECD Administrative Guidance
  • Luxembourg Updates its Draft GloBE Law for OECD Administrative Guidance
  • Key Aspects of the Luxembourg Draft GloBE Law
  • Luxembourg Government Approves Pillar Two Bill
  • Luxembourg Private Debt Funds and Pillar Two
  • MalaysiaEnacted Legislation

    See: Malaysia: GloBE Country Guide
    January 1, 2025NoJanuary 1, 2025
  • GloBE Country Guide: Malaysia
  • A Review of Malaysia’s Draft Pillar Two Law
  • Malaysia’s 2024 Budget Proposes GloBE Implementation from 2025
  • Today’s Malaysian 2023 Revised Budget Stands by 2024 Global Minimum Tax
  • Malaysia to Implement Global Minimum Tax & QDMTT in 2024
  • MaltaEnacted Legislation

    See: Malta: GloBE Country Guide

    Art. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029No
  • Malta Enacts EU Minimum Tax Directive With Art. 50 Postponement
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • See our Pillar Two Developments Tracker
  • MauritiusPartial EnactmentNoNoIncluded in Finance Act – Awaiting Details
  • Mauritius 2022 Finance Act includes Pillar Two Top-Up Tax
  • MexicoWorking GroupAwaiting DetailsAwaiting DetailsAwaiting Details
  • See our Pillar Two Developments Tracker
  • New ZealandEnacted Legislation

    See: New Zealand: GloBE Country Guide
    January 1, 2025January 1, 2025No (But a domestic IIR from January 1, 2026)
  • The New Zealand and EU Approaches to the Domestic Income Inclusion Rule (DIIR)
  • New Zealand Updates Draft Global Minimum Tax Law & Delays Domestic IIR to 2026
  • New Zealand Issues Draft Global Minimum Tax Law
  • New Zealand’s Approach to Pillar Two
  • Direct Transposition of the GloBE Rules: Different Approaches By Switzerland & New Zealand
  • NigeriaRejectedNoNoNo
  • Nigeria Reconsidering Its Approach To Pillar Two
  • The Impact of Nigeria’s Rejection of Both Pillar 1 and 2
  • NorwayEnacted Law (See our English Translation)

    See: Norway: GloBE Country Guide
    January 1, 2024No (proposed in 2024 Budget to apply from 2025)January 1, 2024
  • Norway GloBE Guide Updated for Amended Regulations
  • Norway Sends its Updated GloBE Law to Parliament
  • Norway Issues Consultation and Draft Law For Pillar 2 Rules
  • OmanCommentaryAwaiting DetailsAwaiting DetailsAwaiting Details
  • Oman’s Tax Regime and Pillar Two
  • ParaguayWorking GroupAwaiting DetailsAwaiting DetailsAwaiting Details
  • See our Pillar Two Developments Tracker
    Paraguay’s Significant Pillar Two Risk
  • PhilippinesCommentaryAwaiting DetailsAwaiting DetailsAwaiting Details
  • The Philippines Tax Regime and the Pillar Two GloBE Rules
  • PolandEnacted Law

    See: Poland: GloBE Country Guide
    January 1, 2025 (option to apply from January 1, 2024)January 1, 2025January 1, 2025 (option to apply from January 1, 2024)
  • Poland Enacts its Global Minimum Tax Law
  • GloBE Country Guide: Poland
  • Poland to Delay Pillar Two Implementation to 2025
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • Delays in Poland’s Domestic Legislation
  • PortugalEnacted Legislation

    See: Portugal: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • GloBE Country Guide: Portugal
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • Puerto RicoConsultation
    QatarDraft LawAwaiting DetailsAwaiting DetailsAwaiting Details
  • See our Pillar Two Developments Tracker
  • RomaniaEnacted Legislation (See our English Translation)

    See: Romania: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • GloBE Country Guide: Romania
  • A Review of Romania’s Draft Pillar Two Law
  • SingaporeEnacted Legislation

    See: Singapore: GloBE Country Guide

    January 1, 2025NoJanuary 1, 2025
  • Singapore Global Minimum Tax Law has been Published in the Official Gazette
  • Singapore Global Minimum Tax Law has been Published in the Official Gazette
  • Singapore Issues Draft Legislation for OECD Safe Harbours
  • Singapore Introduces its Draft GloBE Law to Parliament
  • Singapore To Implement Pillar Two From 2025
  • A Pillar Two Review of Singapore’s Tax System
  • SlovakiaEnacted Legislation (See our English Translation)

    See: Slovakia: GloBE Country Guide
    Art. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029December 31, 2023
  • Slovakian Parliament Approves the GMT Amendment Law
  • Slovakia’s GloBE Law Applies the EU’s IIR/UTPR Postponement Provision
  • See our Pillar Two Developments Tracker
  • Slovakia Issues Draft Pillar Two Law
  • SloveniaEnacted Legislation

    See: Slovenia: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • GloBE Country Guide: Slovenia
  • South AfricaDraft Legislation

    See: South Africa: GloBE Country Guide
    January 1, 2024NoJanuary 1, 2024
  • South Africa Country Guide Updated for Latest Draft Laws
  • GloBE Country Guide: South Africa
  • South Africa Issues a Draft Law to Transpose the OECD GloBE Rules & Adopts an ‘Ambulatory’ Approach
  • South Africa Issues Draft Global Minimum Tax Bill
  • South Africa Confirms Global Minimum Tax In 2024 Taxation Laws Amendment Bill
  • South KoreaEnacted Law (See our English Translation)

    See: South Korea: GloBE Country Guide
    January 1, 2024January 1, 2025 No
  • A Review of South Korea’s Pillar Two Amendments to its Enforcement Regulation
  • South Korea Releases Pillar Two Forms, Including GloBE Information Return & GloBE Tax Return
  • A Review of South Korea’s Latest GloBE Amendments
  • South Korea Issues Draft Pillar 2 Amendment Law
  • Sourcing the South Korean Pillar Two Law to the OECD Model Rules
  • GloBE Country Guide: South Korea
  • First Domestic Pillar Two Global Minimum Tax Law Enacted
  • Analysis of South Korea’s Draft Pillar Two Law
  • English Translation of the South Korean Pillar Two Law
  • The South Korean PE Risk Under Pillar Two
  • SpainDraft Legislation (See our English Translation)

    See: Spain: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Spanish Parliament Publishes Draft GMT Law
  • EU Gives Spain, Cyprus, Latvia, Lithuania, Poland and Portugal 2 Months to Enact Domestic Pillar 2 Laws
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • Spain Issues Draft Pillar Two Legislation
  • Spain Opens a Consultation on the Global Minimum Tax
  • SwedenEnacted Legislation (See our English Translation)

    See: Sweden: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • Sweden Issues Proposed Draft Legislation to Implement OECD Administrative Guidance
  • GloBE Country Guide: Sweden
  • Review of the Draft Swedish Global Minimum Tax Law
  • English Translation of the Swedish Draft Global Minimum Tax Law
  • SwitzerlandEnacted Legislation & Constitutional Amendment (See our English Translation)

    See: Switzerland: GloBE Country Guide
    January 1, 2025NoJanuary 1, 2024
  • Swiss Federal Council Issues Amended Minimum Tax Ordinance for the IIR
  • GloBE Country Guide: Switzerland
  • Switzerland Applies IIR From January 1, 2025
  • Switzerland Issues Report on Cantonal Pillar 2 Developments
  • Swiss Referendum Approves 2024 Global Minimum Tax
  • Switzerland Issues Second Consultation on the GloBE Rules
  • GloBE Country Guide: Switzerland
  • Analysis of Switzerland’s Draft Pillar Two Decree
  • Switzerland Approves the GloBE Rules
  • Direct Transposition of the GloBE Rules: Different Approaches By Switzerland & New Zealand
  • TaiwanNo Legislative Schedule ProvidedAwaiting DetailsAwaiting DetailsAwaiting Details
  • Taiwan’s Ministry of Finance Confirms No Timeline for Pillar 2 Implementation
  • A Pillar Two Review of Taiwan’s Tax Regime
  • Taiwan To Increase Its Domestic Minimum Tax Rate From 2024
  • ThailandDraft Legislation

    See: Thailand: GloBE Country Guide
    January 1, 2025January 1, 2025January 1, 2025
  • GloBE Country Guide: Thailand
  • Thai Cabinet Approves Global Minimum Tax Proposal
  • Thailand’s Tax Incentive Regime and Pillar Two
  • The NetherlandsEnacted Legislation (See our English Translation)

    See: The Netherlands: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2023
  • The Netherlands Issues GloBE Amendments for OECD Administrative Guidance
  • The Netherlands Sends GloBE Minimum Tax Act to Parliament
  • GloBE Country Guide: The Netherlands
  • Key Takeaways From the Dutch Draft Pillar Two Legislation
  • TurkeyEnacted Legislation

    See: Turkey: GloBE Country Guide
    January 1, 2024January 1, 2025January 1, 2024
  • Turkey Gazettes Pillar 2 IASB Amendments
  • UAEAnnouncement, Consultation + High Level Amendments to CIT LawNoNoJanuary 1, 2025
  • A Review of the UAE Consultation on the Introduction of the GloBE Rules
  • See our Pillar Two Developments Tracker
  • UAEs New Corporate Tax Law and Pillar Two
  • United KingdomIIR/QDMTT: Enacted Law
    UTPR: Proposed in the 2024-2025 Finance Bill

    See: The UK: GloBE Country Guide
    31 December 202331 December 2024 (confirmed in the 2024-2025 Finance Bill)31 December 2023
  • Review of the Pillar 2 Provisions in the UK Finance Bill 2024-2025
  • UK Issues Further Draft Pillar 2 Guidance
  • UK to Apply Transitional CbCR Safe Harbour Anti-Avoidance Rule From March 14, 2024
  • UK Enacts 2024 Finance Act to Implement the OECD Administrative Guidance
  • Review of the UK Draft UTPR Law
  • UK Enacts New Multinational Top-Up Tax From December 31, 2023
  • UK Issues First Tranche of Draft Guidance on Global Minimum Tax
  • Key Differences in Excluded Entities Between OECD Model Rules & UK Draft Legislation
  • Review of the UK Global Minimum Tax in Yesterday’s 2023 Spring Finance Bill
  • GloBE Country Guide: The United Kingdom
  • UK Confirms 2024 Global Minimum Tax & QDMTT in 2023 Spring Budget
  • A Review of the UK Draft Pillar Two Legislation
  • UK Pushes Forward With Pillar Two
  • UK Proposes Amendments to Global Minimum Tax Rules
  • A Review of the UK QDMTT and the OECD Administrative Guidance
  • United StatesCommentaryNoNoNo
  • U.S Updates its GloBE Impact Document
  • See our Pillar Two Developments Tracker
  • VietnamResolution Enacted

    See: Vietnam: GloBE Country Guide
    January 1, 2024NoJanuary 1, 2024
  • Vietnam Issues a Draft Decree for Detailed GloBE Provisions
  • Vietnam Issues a Draft Decree for Detailed GloBE Provisions
  • See our Pillar Two Developments Tracker
  • Vietnam Issues Draft Pillar 2 Resolution
  • Vietnamese Government Issues Resolution To Speed-Up Global Minimum Tax
  • The Thorny Issue of Pillar Two in Vietnam
  • Chairman of the Vietnamese National Assembly Confirms Pillar 2 Implementation Is Progressing
  • ZimbabweLegislation enacted NoNoDomestic minimum tax