Jurisdictions Members-Only

Estimated Critical Mass After Draft/Proposed Legislation Is Enacted

Access: GloBE Country Guides

Access: Pillar Two Implementation Map

CountryStatusImplementation QDMTTAnalysis
African Tax Administration Forum (ATAF)Draft LegislationN/AYesATAF Releases Draft Domestic Minimum Tax Legislation
AustraliaBudget Announcement2024YesAustralian Budget Confirms 2024 GloBE Implementation

Australia’s Consultation on Pillar Two
BahamasWorking GroupN/AAwaiting DetailsThe Bahamas & Cayman Islands Approach To The Global Minimum tax

See our Pillar Two Developments Tracker
BarbadosWorking GroupN/AAwaiting DetailsBarbados 2023 Budget Confirms Global Minimum Tax Proposals Are In Progress
BelgiumProposal2024Awaiting DetailsSee our Pillar Two Developments Tracker
BermudaWorking GroupN/AAwaiting DetailsBermuda’s Plans For a Global Minimum Tax
BrazilCommentaryN/AN/AOECD Recommends Global Minimum Tax is Included in Brazil’s Tax Reform
British Virgin Islands (BVI)CommentaryN/ANoSee The BVI is Taking a Different Approach to the Bahamas for Pillar 2
CanadaAwaiting Draft LegislationExpected 2024Expected 2024See our Pillar Two Developments Tracker
Cayman IslandsCommentaryN/ANoSee our Pillar Two Developments Tracker
ChinaCommentaryN/AN/AChinese Developments in Global Minimum Tax Implementation

A Review of China’s Tax Law From a Pillar Two Perspective
Czech RepublicCommentary2024Expected 2024See our Pillar Two Developments Tracker
DenmarkCommentaryN/AAwaiting DetailsDanish Tax Authority Issues MNEs a Questionnaire for the GloBE Information Return
EstoniaCommentaryN/AAwaiting DetailsPillar Two GloBE Rules and Estonia’s Distribution Tax
European UnionEnacted 2024Left to Individual EU JurisdictionsMapping 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
GermanyDraft Law2024YesGloBE Country Guide: Germany

Germany Publishes Draft Global Minimum Tax Legislation

German Proposals Include a Pillar Two Whitelist
Hong KongProposal2025Planned for 2025Hong Kong to Implement Global Minimum Tax in 2025

See our Pillar Two Developments Tracker
HungaryCommentary2024Awaiting DetailsHungary’s Prime Minister Reiterates the Local Business Tax is a Covered Tax for GloBE Purposes
IndiaCommentaryN/AN/AIndia’s Tax Regime after Pillar Two: Key Risks and Opportunities
IndonesiaPartial Enactment2024Awaiting DetailsIndonesian Regulation Signals Global Minimum Tax Implementation

Director of Indonesian Tax Authority Confirms Planned 2024 GloBE Implementation

See our Pillar Two Developments Tracker
IrelandDraft Law2024YesIreland Issues Draft Global Minimum Tax Law For Feedback

Irish 2022 Finance Bill Changes for Pillar Two
IsraelCommentaryCommentaryAwaiting DetailsKey Risks for MNEs Operating in Israel after Pillar Two
JapanEnactedApril 2024Being Considered for 2025Japan’s Global Minimum Tax Law Is Enacted

GloBE Country Guide: Japan

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
JerseyConsultation/Awaiting Draft LegislationExpected 2024Expressed InterestJerseys approach to Pillar Two implementation
KenyaProposalN/AAwaiting DetailsSee our Pillar Two Developments Tracker
LiechtensteinDraft Law2024YesLiechtenstein Publishes Draft Global Minimum Tax Law
LuxembourgCommentaryN/AAwaiting DetailsLuxembourg Private Debt Funds and Pillar Two
MalaysiaProposal2024Planned for 2024Today’s Malaysian 2023 Revised Budget Stands by 2024 Global Minimum Tax

Malaysia to Implement Global Minimum Tax & QDMTT in 2024
MaltaCommentary 2030Awaiting DetailsSee our Pillar Two Developments Tracker
MauritiusPartial EnactmentN/AIncluded in Finance Act – Awaiting DetailsMauritius 2022 Finance Act includes Pillar Two Top-Up Tax
MexicoWorking Group2024Awaiting DetailsSee our Pillar Two Developments Tracker
New ZealandDraft LawN/ANo
New Zealand Issues Draft Global Minimum Tax Law

New Zealand’s Approach to Pillar Two
NigeriaRejectedN/AN/ANigeria Reconsidering Its Approach To Pillar Two

The Impact of Nigeria’s Rejection of Both Pillar 1 and 2
OmanCommentaryN/AN/AOman’s Tax Regime and Pillar Two
ParaguayWorking GroupN/AAwaiting DetailsSee our Pillar Two Developments Tracker

Paraguay’s Significant Pillar Two Risk
PhilippinesCommentaryN/AN/AThe Philippines Tax Regime and the Pillar Two GloBE Rules
QatarCommentary15%Awaiting DetailsSee our Pillar Two Developments Tracker
SingaporeProposal2025Planned for 2025Singapore To Implement Pillar Two From 2025

A Pillar Two Review of Singapore’s Tax System
South AfricaAwaiting Consultation2025Awaiting DetailsSee South Africa Confirms Global Minimum Tax In 2024 Taxation Laws Amendment Bill
South KoreaEnacted2024NoSourcing 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
SpainConsultation2024Expressed InterestSpain Opens a Consultation on the Global Minimum Tax
SwedenConsultation/Draft Law2024ProposedGloBE Country Guide: Sweden

Review of the Draft Swedish Global Minimum Tax Law

English Translation of the Swedish Draft Global Minimum Tax Law
SwitzerlandDraft Law & Draft Constitutional Amendment2024Yes, Planned for 2024GloBE Country Guide: Switzerland

Analysis of Switzerland’s Draft Pillar Two Decree

Switzerland Approves the GloBE Rules
TaiwanProposal/Commentary2024Awaiting DetailsA Pillar Two Review of Taiwan’s Tax Regime

Taiwan To Increase Its Domestic Minimum Tax Rate From 2024
ThailandProposal2025Expressed InterestThai Cabinet Approves Global Minimum Tax Proposal

Thailand’s Tax Incentive Regime and Pillar Two
The NetherlandsDraft Legislation2024Yes, Planned for 2025GloBE Country Guide: The Netherlands

Key Takeaways From the Dutch Draft Pillar Two Legislation
UAECommentaryN/AN/AUAEs New Corporate Tax Law and Pillar Two
United KingdomDraft Legislation2024Yes – included in Spring 2023 Finance BillKey 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 StatesCommentaryN/AN/AU.S Updates its GloBE Impact Document

See our Pillar Two Developments Tracker
VietnamWorking GroupN/AAwaiting DetailsVietnamese 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