European Union: Entry into force with grace period the EU Directive on 15% minimum tax rate for multinationals operating within the Union
Description
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, …
Scope
Policy Area
Taxation
Policy Instrument
Direct taxes including Digital Service Taxes
Regulated Economic Activity
cross-cutting
Implementation Level
supranational
Government Branch
executive
Government Body
central government
Complete timeline of this policy change
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2021-12-22
under deliberation
2022-12-12
under deliberation
2022-12-15
adopted
2023-12-22
in grace period