GloBE Country Guide: Isle of Man

Summary

Status Draft Law
LawGlobal Minimum Tax (Pillar Two) Order 2024 issued on October 24, 2024
Effective DateFinancial years beginning on or after January 1, 2025
IIRYes (2025)
UTPRNo
QDMTTYes (2025)
Filing DeadlinesStandard
Safe HarboursAll transposed from the OECD Safe Harbour/Administrative Guidance.

Contents
  1. Legislation
  2. General
  3. Differences to Model Rules
  4. Qualifying Domestic Minimum Top-Up Tax
  5. Administration and Filing
  6. Penalties

View the GloBE Country Guide Below

Sign into your account to access this analysis

Not a Subscriber?

If you haven’t got a subscription you can sign up below

Already a Subscriber?