Published 20 December 2021 Download the report (PDF) English Français (disponible en janvier 2022)

About

A key part of the OECD/G20 BEPS Project is addressing the tax challenges arising from the digitalisation of the economy. In October 2021, over 135 jurisdictions joined a ground breaking plan to update key elements of the international tax system which is no longer fit for purpose in a globalised and digitalised economy. The Global Anti-Base Erosion Rules (GloBE) are a key component of this plan and ensure large multinational enterprise pay a minimum level of tax on the income arising in each of the jurisdictions where they operate. More specifically, the GloBE Rules provide for a co-ordinated system of taxation that imposes a top-up tax on profits arising in a jurisdiction whenever the effective tax rate, determined on a jurisdictional basis, is below the minimum rate. This report delineates the scope and sets out the operative provisions and definitions of the GloBE Rules. These rules are intended to be implemented as part of a common approach and to be brought into domestic legislation as from 2022.

 

Background material

• Summary: Pillar Two Model Rules in a nutshell (Also available in: Français)
• Fact sheets (Coming soon: Français)
• Frequently asked questions (Coming soon: Français)

 

Press release

• 20/12/2021 - OECD releases Pillar Two model rules for domestic implementation of 15% global minimum tax (Also available in: Français | Deutsch | Español)

 

More information

• OECD work on BEPS
• Contact us via e-mail: CTP.Contact@oecd.org
• Follow us on social media: @OECDtax (Twitter) & OECD Tax (LinkedIn)