Worldwide:
The Global Minimum Tax Rules - Impact On Businesses And What To Do Now
14 March 2022
Morrison & Foerster LLP
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As the Global Minimum Tax Rules ("Pillar 2") comes
into force on January 1, 2023, it is now imperative for affected
multinational entities to act quickly in order to implement the
Organisation for Economic Cooperation and Development
("OECD") and EU requirements in a timely manner, and to
avoid possible sanctions. The administrative effort and fiscal
consequences should not be underestimated. In
the Handelsblatt Steuerboard, Dr. Jens-Uwe Hinder and
Dr. Jenny Broekmann comment on the effects of the global minimum
taxation on German group companies.
Read the full article (in German).
Originally published by Handelsblatt
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
© Morrison & Foerster LLP. All rights reserved
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