For all jurisdictional developments, including non-legislative proposals and consultations, see Domestic GloBE Implementation.
| Country | GloBE Country Guide | Legislation | IIR | UTPR | QDMTT | Safe Harbours | Analysis |
| United Kingdom | United Kingdom: GloBE Country Guide | Finance (No. 2) Bill for the ‘Multinational Top-Up Tax‘ in March 2023. | Yes (Accounting periods beginning on or after December 31, 2023) | No | Yes – Included in 2023 Spring Finance Bill | Yes – CbCR Safe Harbour | Review of the UK Global Minimum Tax in Yesterday’s 2023 Spring Finance Bill |
| South Korea | South Korea: GloBE Country Guide | Law 19191 to amend the International Tax Adjustment Act to provide for the Pillar Two Global Minimum Tax from January 1, 2024. | Yes (Accounting Periods beginning on or after January 1, 2024) | Yes (Accounting Periods beginning on or after January 1, 2024) | No | No | First Domestic Pillar Two Global Minimum Tax Law Enacted Analysis of South Korea’s Draft Pillar Two Law English Translation of South Korean Pillar Two Law |
| Mauritius | – | The Finance (Miscellaneous Provisions) Act 2022 which implements provisions of the 2022 Budget in Mauritius includes mention of a qualified domestic minimum tax for Pillar Two purposes. | Awaiting Details | Awaiting Details | Awaiting Details | Awaiting Details | Mauritius 2022 Finance Act includes Pillar Two Top-Up Tax |
| Switzerland | Switzerland: GloBE Country Guide | On August 17, 2022, the Swiss Federal Council issued a draft decree for the implementation of Pillar Two. On May 24, 2023, Switzerland issued an updated Draft Decree for the Pillar Two Global Minimum Tax. | Yes (Accounting Periods beginning on or after January 1, 2024) | Yes (Accounting Periods beginning on or after January 1, 2025) | Yes (Accounting Periods beginning on or after January 1, 2024)) | Transposed from OECD Guidance | Switzerland Issues Second Consultation on the GloBE Rules Analysis of Switzerlands Draft Pillar Two Decree |
| EU | – | On December 22, 2022 the EU Global Minimum Tax Directive was published in the EU official journal as Council Directive (EU) 2022/2523 of 14 December 2022. | Yes (Accounting periods beginning from December 31, 2023) | Yes (Accounting periods beginning from December 31, 2024) | Optional for Member States | Applies OECD Safe Harbours Guidance | Review of the Draft EU Pillar Two Directive Full Steam Ahead For EU Pillar Two Implementation |
| The Netherlands | Netherlands: GloBE Country Guide | The Netherlands Published draft legislation for Pillar Two on October 24, 2022. | Yes (Accounting periods beginning from December 31, 2023) | Yes (Accounting periods beginning from December 31, 2024) | Yes (Accounting periods beginning from December 31, 2023) | No | Key Takeaways From the Dutch Draft Pillar Two Legislation |
| Indonesia | – | On December 20, 2022, Indonesia issued Government Regulation No. 55/2022 on the Adjustment of Regulations in the Field of Income Tax. This included reference to the implementation of a global minimum tax in Indonesia as well a a desire to implement Pillar One. | Awaiting Regulations | Awaiting Regulations | Awaiting Regulations | Awaiting Regulations | Indonesian Regulation Signals Global Minimum Tax Implementation |
| Sweden | Sweden: GloBE Country Guide | On February 7, 2023, the Special Investigator submitted the Interim Report on the proposal for the implementation of the Global Minimum Tax Directive to the government. This includes outline draft legislation. | Yes (Accounting periods beginning after December 31, 2023) | Yes (Accounting periods beginning after December 31, 2024) | Yes (Yes (Accounting periods beginning after December 31, 2023)) | No | See our Review of the Draft Swedish Global Minimum Tax Law |
| Japan | Japan: GloBE Country Guide | On March 28, 2023, Japan enacted a domestic law to give effect to the Pillar Two GloBE rules. On February 3 and 6, 2023, the Ministry of Finance published the “Bill for the Partial Revision of the Income Tax Act”. This includes the implementation of the Pillar Two GloBE rules. | Yes Accounting Periods beginning on or after April 1, 2024) | No | No | High Level Transitional CbCR Safe Harbour | Japan’s Global Minimum Tax Law Is Enacted |
| Germany | Germany: GloBE Country Guide | On March 20, 2023, the German Federal Ministry of Finance published a consultation, including a draft law (the Minimum Taxation Directive Implementation Act), to implement the EU Global Minimum Tax Directive. | Yes (Accounting Periods beginning after December 30, 2023) | Yes (Accounting Periods beginning after December 30, 2024) | Yes (Accounting Periods beginning after December 30, 2023) | Yes (CbCR Safe Harbour, Simplified Calculation Safe Harbour & the QDMTT Safe Harbour) | Germany Publishes Draft Global Minimum Tax Legislation |
| Liechtenstein | Liechtenstein: GloBE Country Guide | On March 29, 2023, Liechtenstein published draft legislation for the implementation of the Pillar Two Globe Rules. | Yes (Accounting Periods beginning on or after January 1, 2024) | Yes (Accounting Periods beginning on or after January 1, 2025) | Yes (Accounting Periods beginning on or after January 1, 2024) | Yes – CbCR Safe Harbour + Penalty Relief | Liechtenstein Publishes Draft Global Minimum Tax Law |
| Ireland | Ireland: GloBE Country Guide | On March 31, 2023, the Irish government issued a Feedback Statement on the Pillar Two Global Minimum Tax. It includes draft legislation and outlines possible draft legislative approaches to key elements of the GloBE Rules. | Yes (Accounting periods beginning on or after December 31, 2023) | Yes (Accounting periods beginning on or after December 31, 2024) | Yes but no details in draft law | Yes but no details in draft law | Ireland Issues Draft Global Minimum Tax Law For Feedback |
| New Zealand | New Zealand: GloBE Country Guide | On May 18, 2023, New Zealand published a draft law (the Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill) to implement the Pillar Two Global Minimum Tax. | Yes | Yes | No | Yes | New Zealand Issues Draft Global Minimum Tax Law |
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