Pillar Two updates
global minimum corporate taxIn this blog you will be informed about the latest news on the implementation of a global minimum corporate tax, also known as Pillar Two.
Navigating Pillar 2
How the Grant Thornton network can assist you with Pillar 2.
On 1 January 2024, a large number of countries introduced the minimum tax rules of Pillar 2. The rules apply to groups with a turnover of more than EUR 750 million. It includes both potential top-up taxes when the effective tax rate in a jurisdiction reduces to below 15% and a documentation obligation for groups in scope. Many more countries plan to introduce Pillar 2 in the future.
In total, 138 countries worldwide have already agreed to implement Pillar 2 in their national legislation. Are you ready?
We have compiled an overview of the implementation status for a number of countries, hover on the map to explore further:
How Grant Thornton can help you implement Pillar 2
Grant Thornton is an international network with global Pillar 2 specialists available to assist you with both the implementation of Pillar 2 and with all your Pillar 2 compliance obligations.
To learn more on how we can assist you in preparing for Pillar 2, please click on each button.
Our approach to navigating Pillar 2
Depending on your needs, Grant Thornton can guide you through the full process of becoming Pillar 2 compliant, or we can tailor our assistance to your specific needs at each individual step in the process. To help create a complete picture of Pillar 2 requirements and file the relevant returns, Grant Thornton has identified a seven step approach.
Get in touch
Meredith Vogel
National Managing Principal, Global Client Services
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