EU implemented Pillar Two global minimum corporate taxation in 2024

As of 2024, the European Union has officially made the global minimum corporate tax under Pillar Two a reality. This marks one of the biggest changes in international taxation in decades.

From now on, all large groups operating in any EU Member State — whether domestic or multinational — with combined revenues over €750 million are subject to these new rules. The aim is simple: to ensure that big corporations pay at least a 15% effective tax rate, no matter where they are located.