Progress

Current status
in force
31 Dec 2023 in force
22 Dec 2023 in grace period
15 Dec 2022 adopted
12 Dec 2022 under deliberation
22 Dec 2021 under deliberation

Scope

Implementers
Austria
Belgium
Bulgaria
Croatia
Cyprus
Czechia
Denmark
Estonia
Finland
France
Germany
Greece
Hungary
Ireland
Italy
Latvia
Lithuania
Luxembourg
Malta
Netherlands
Poland
Portugal
Romania
Slovakia
Slovenia
Spain
Sweden
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central government
Implementation Level
supranational

Timeline of events

31 Dec 2023
in force

Implemented Directive on 15% minimum tax rate for multinationals operating within EU

On 31 December 2023, the European Union (EU) Directive on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union, as agreed on under Pillar 2 of the OECD/G20 Inclusive Framework, …

Source
Event type law
Action type implementation
Government branch executive
Government body central government
22 Dec 2023
in grace period

Entry into force with grace period the EU Directive on 15% minimum tax rate for multinationals operating within the Union

On 22 December 2022, the European Union (EU) Directive on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union, as agreed on under Pillar 2 of the OECD/G20 Inclusive Framework, …

Source
Event type law
Action type in force with grace period
Government branch executive
Government body central government
15 Dec 2022
adopted

Adopted Directive implementing 15% minimum tax rate for multinationals operating within EU by Council of EU

On 15 December 2022, the Directive on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the Union was formally adopted through a written procedure by the Council of EU. The Directive i…

Source
Event type law
Action type adoption
Government branch executive
Government body central government
12 Dec 2022
under deliberation

Announced Committee of Permanent Representatives agreement on Directive proposed to implement 15% minimum tax rate for multinationals operating within EU

On 12 December 2022, the Committee of Permanent Representatives announced that it had reached the required unanimous support and recommended the Council of the European Union to adopt the Directive on ensuring a global minimum level of taxation for …

Source
Event type law
Action type passage
Government branch executive
Government body central government
22 Dec 2021
under deliberation

Submitted Proposal for a Directive to implement 15% minimum tax rate for multinationals operating within EU

On 22 December 2021, the European Commission has proposed a directive to implement the 15% minimum tax rate for multinationals agreed on as Pillar 2 of the OECD/G20 Inclusive Framework. The proposed directive sets out how taxation will be calculated…

Source
Event type law
Action type introduction
Government branch executive
Government body central government