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All glossary terms

Glossary term

Pillar Two (Global Minimum Tax)

OECD framework imposing a 15 percent minimum effective tax on large multinationals.

Related terms

5

Jurisdictions

global

Definition

Pillar Two introduces a 15 percent minimum effective tax rate (GloBE rules) for multinational groups with revenue above EUR 750 million. Includes the Income Inclusion Rule (IIR), Undertaxed Profits Rule (UTPR), and Qualified Domestic Minimum Top-up Tax (QDMTT).

Examples

  • EU member states implemented Pillar Two effective 2024 via the EU directive.

Related terms

BEPS (Base Erosion and Profit Shifting)Pillar One (OECD BEPS 2.0)Income Inclusion Rule (IIR)Undertaxed Profits Rule (UTPR)Qualified Domestic Minimum Top-up Tax (QDMTT)

Translations

ESPilar Dos
ZH支柱二
DESäule Zwei
FRPilier Deux
JAピラーツー

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This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.