Wolters Kluwer BEPS Pillar Two Readiness Index Report
By Wolters Kluwer
The BEPS Pillar Two initiative introduces a global minimum Effective Tax Rate targeting multinational enterprises with a consolidated global revenue exceeding €750m, set at 15% effective in 2024. Multinational enterprises (MNE) must proactively monitor these advancements and initiate preparations now to ensure they are equipped for the administrative, compliance, and tax implications brought about by these transformative regulations.