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G20: Published model rules for Pillar Two domestic implementation of 15% global minimum tax

Policy overview

Description

Published model rules for Pillar Two domestic implementation of 15% global minimum tax

On 20 December 2021, the Organisation for Economic Co-operation and Development (OECD) published the model rules to support the domestic implementation of Pillar Two of the Framework for the Taxation of the digital economy. Particularly, Pillar Two …

Scope

Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
bi- or plurilateral agreement
Government Branch
executive
Government Body
other regulatory body

Complete timeline of this policy change

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2021-07-01
adopted

On July 1, 2021, the OECD and G20 published a statement regarding their two-pillar solution as part…

2021-07-10
adopted

The G20 finance ministers and central bank governors issued a communique stating their agreement on…

2021-10-08
adopted

The 136 member jurisdictions of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftin…

2021-12-20
adopted

On 20 December 2021, the Organisation for Economic Co-operation and Development (OECD) published th…

2022-02-04
in consultation

On 4 February 2022, the Secretariat of the Organisation for Economic Cooperation and Development (O…

2022-02-18
processing consultation

On 18 February 2022, the public consultation on the draft document on model rules for nexus and rev…

2022-03-14
in consultation

The OECD opened a consultation on the Commentary to support the implementation of the Global Anti-B…

2022-04-11
processing consultation

The OECD closed a consultation on the Commentary to support the implementation of the Global Anti-B…

2022-12-20
in consultation

On 20 December 2022, the Organisation for Economic Co-operation and Development (OECD) opened a con…

2023-01-20
processing consultation

On 20 January 2023, the public consultation closes on the OECD document titled “Pillar One – Amount…

2023-07-11
adopted

On 11 July 2023, 138 members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shiftin…

2023-10-03
adopted

On 3 October 2023, the OECD adopted the "Multilateral Convention to Facilitate the Implementation o…

2023-10-11
under deliberation

On 11 October 2023, the OECD/G20 Inclusive Framework adopted the Multilateral Convention to Impleme…

Key regulatory dimensions

Regulated subjects

The businesses, government agencies or individuals affected by this policy or regulatory change.
producer / supplier
1
Type Private organisation
Economic activity cross-cutting
Category All

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.
all goods (physical or digital): sale
Regulatory tool
Subordination under digital service tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1
service (any type): sale
Regulatory tool
Subordination under digital service tax
Sanctions
Determined by existing law or regulation
Regulated subjects
1

Policy change by business practice

The detailed activities within the scope of this policy or regulatory change.

all goods (physical or digital): sale

service (any type): sale