EU implemented Pillar Two globally minimum corporate taxation in 2024

As of 2024, the EU made the global minimum effective corporate taxation under Pillar 2 a reality. All large groups operating in any EU Member State, domestic or international, with combined revenues over €750 million are now subject to these rules.

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.