OECD Pillar Two GloBE Rules – Status and Effective Dates Roadmap

The OECD/G20 Inclusive Framework on BEPS has reached an agreement to address the challenges created by digitalization of the global economy. Pillar Two establishes a 15% minimum effective tax rate (ETR) for large multinationals (MNEs) through the Subject to Tax Rule and Global Anti-Base Erosion (GloBE) rules, which calculate and impose additional top up taxes if the ETR falls below the minimum.

Bloomberg Tax’s OECD Pillar Two GloBE Rules – Status and Effective Dates Roadmap allows practitioners to quickly assess:

• Status and effective dates for IIR, UTPR and QDMTT across the Inclusive Framework jurisdictions
• Amendments to domestic law in jurisdictions opting to amend domestic laws and corporate income tax rate/rules
• Additional notes and source documents

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