Domestic GloBE Implementation

Last Updated: February 23, 2024

Estimated Critical Mass After Draft/Proposed Legislation Is Enacted

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
  • AustraliaBudget Announcement/Targeted ConsultationJanuary 1, 2024January 1, 2025January 1, 2024
  • 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
  • A Review of Austria’s Draft Pillar Two Law
  • BahamasWorking GroupAwaiting DetailsAwaiting DetailsJanuary 1, 2024
  • 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
  • BarbadosProposalNoNoJanuary 1, 2024
  • 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
  • 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
  • BrazilCommentaryN/AN/AN/A
  • 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
  • A Review of Bulgaria’s Draft Pillar Two Law
  • CanadaDraft Legislation

    See: Canada: GloBE Country Guide
    December 31, 2023December 31, 2024 (expected)December 31, 2023
  • 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 Law

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

    See: Cyprus: GloBE Country Guide
    December 31, 2023December 31, 2024January 1, 2025
  • 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
  • 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
  • A Review of the Danish Draft Minimum Tax Act
  • Danish Tax Authority Issues MNEs a Questionnaire for the GloBE Information Return
  • EstoniaDraft LegislationArt. 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 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
  • 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
  • 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 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
  • GibraltarProposalJanuary 1, 2025 Awaiting DetailsDecember 31, 2023
  • See our Pillar Two Developments Tracker
  • GreeceDraft LegislationDecember 31, 2023December 31, 2024December 31, 2023
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • See our Pillar Two Developments Tracker
  • GuernseyProposalJanuary 1, 2025 Awaiting DetailsJanuary 1, 2025
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • Hong KongConsultationJanuary 1, 2025 January 1, 2025 January 1, 2025
  • 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 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
  • IndiaCommentaryAwaiting DetailsAwaiting DetailsAwaiting Details
  • India’s Tax Regime after Pillar Two: Key Risks and Opportunities
  • IndonesiaPartial EnactmentAwaiting DetailsAwaiting DetailsAwaiting Details
  • 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
  • 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 ManProposalJanuary 1, 2025 Awaiting DetailsJanuary 1, 2025
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • IsraelWorking GroupAwaiting DetailsAwaiting DetailsAwaiting Details
  • 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
  • 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
  • JerseyProposalJanuary 1, 2025 Awaiting DetailsJanuary 1, 2025
  • Guernsey, Jersey and the Isle of Man Announce a Global Minimum Tax From 2025
  • Jerseys approach to Pillar Two implementation
  • KenyaProposalAwaiting DetailsAwaiting DetailsAwaiting Details
  • See our Pillar Two Developments Tracker
  • KuwaitCommentaryAwaiting DetailsAwaiting DetailsAwaiting Details
  • Kuwait Considers Pillar Two Application
  • IMF Recommends Extension of Kuwait’s CIT For GloBE Implementation
  • LatviaDraft LawArt. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029No
  • 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
  • Liechtenstein Publishes Draft Global Minimum Tax Law
  • LithuaniaDraft Legislation (See our English Translation)Art. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029Awaiting details.
  • 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 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
  • 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 LawArt. 50 Postponement to December 31, 2029Art. 50 Postponement to December 31, 2029No
  • 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 ZealandDraft Legislation

    See: New Zealand: GloBE Country Guide
    January 1, 2024January 1, 2025No
  • 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, 2024NoJanuary 1, 2024
  • 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
  • PolandProposalJanuary 1, 2025January 1, 2025Awaiting Details
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • Delays in Poland’s Domestic Legislation
  • PortugalAwaiting DetailsAwaiting DetailsAwaiting DetailsAwaiting Details
  • EU Commission Issues Infringement Decisions Against 9 Member States For Not Enacting Pillar 2
  • QatarDrafting a QDMTTAwaiting 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
  • A Review of Romania’s Draft Pillar Two Law
  • Singapore2024 Budget ProposalJanuary 1, 2025NoJanuary 1, 2025
  • 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
  • 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 Law

    See: Slovenia: GloBE Country Guide
    December 31, 2023December 31, 2024December 31, 2024
    South AfricaDraft LawJanuary 1, 2024NoJanuary 1, 2024
  • 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 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
  • 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
  • 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
    Likely January 1, 2025Likely January 1, 2025January 1, 2024
  • 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
  • ThailandProposalJanuary 1, 2025Awaiting DetailsExpressed Interest
  • 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
  • TurkeyCommentaryNoNoNo
  • Turkey Gazettes Pillar 2 IASB Amendments
  • UAECommentary + High Level Amendments to CIT LawNot in 2024Not in 2024Not in 2024
  • See our Pillar Two Developments Tracker
  • UAEs New Corporate Tax Law and Pillar Two
  • United KingdomIIR/QDMTT: Enacted Law
    UTPR: Draft Law

    See: The UK: GloBE Country Guide
    31 December 202331 December 2024 (at the earliest)31 December 2023
  • UK Amends 2024 Draft Finance Bill For 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
  • 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