01.09.2023 Government bill for a law to implement the global minimum ta ... On Wednesday, 16 August 2023, the Federal Cabinet adopted the government's draft bill on the implementation of Council Directive (EU) 2022/2523 to ensure minimum global taxation with other accompanying measures. The draft was officially published on 17 August 2023 Categories: LegislationKeywords: OECD, Pillar Two, minimum taxation, EU-D ...
12.07.2023 Ministry of Finance publishes draft bill on the implementati ... On Monday, 10 July 2023, the Federal Ministry of Finance sent the draft bill for the implementation of the Directive to ensure a global minimum level of taxation for multinational enterprise groups and large domestic groups in the Union (so-called Minimum Taxation Directive Implementation Act – “Implementation Bill”) to the associations with the request for comment by 21 July 2023. Categories: Tax & Legal News, LegislationKeywords: Pillar Two, minimum taxation, EU-Directi ...
21.03.2023 Tax Insights from Global Structuring - Germany publishes Pil ... The Federal Ministry of Finance (MoF) published a draft law on March 20, to implement the ‘Pillar Two’ Directive ensuring a global minimum taxation for multinational groups and large domestic groups in the European Union (so-called Minimum Tax Directive Implementation Act - MinBestRL-UmsG). The publication of the German draft law follows the formal adoption by the EU Council to adopt Pillar Two on December 15, 2022. Categories: Legislation, Tax & Legal NewsflashKeywords: Gesetzgebung, EU-Recht, Pillar Two
12.09.2022 Federal Ministry of Finance: joint statement on global mini ... At an informal meeting in Prague, the finance ministers of France, Spain, Italy, the Netherlands and Germany published a joint statement on global effective minimum taxation ("Pillar 2"). Categories: Tax & Legal NewsKeywords: Pillar Two, ECOFIN, global minimum tax
06.04.2022 Update: OECD publishes discussion paper on the first buildin ... Following the agreement reached in October 2021 by over 135 members of the OECD/G20 Inclusive Framework on BEPS to a two-pillar solution to address the tax challenges arising from digitalization and globalization of the economy, work on the implementation of the two-pillar plan is well under way. Categories: From EuropeKeywords: Pillar One, Pillar Two, digitalization
12.10.2021 OECD: International tax reform moves forward A major reform of the international tax system finalized on 8 October 2021 at the OECD will ensure that Multinational Enterprises (MNEs) will be subject to a minimum 15% tax rate from 2023. The landmark deal will also reallocate more than USD 125 billion of profits from around 100 of the world’s largest and most profitable MNEs to countries worldwide, ensuring that these firms pay a fair share of tax wherever they operate and generate profits. Categories: From EuropeKeywords: Pillar One, Pillar Two, international ta ...
13.08.2021 Update: OECD reaches agreement on international tax reform On 1 July 2021, the OECD reached broad agreement on key points for a fair taxation: 130 countries and jurisdictions have joined a new two-pillar plan to reform international taxation rules and ensure that multinational enterprises pay a fair share of tax wherever they operate. Categories: From EuropeKeywords: Pillar One, Pillar Two, international ta ...
