OECD Pillar 2 – Consultation on Implementation
In line with the agreement on a two Pillar solution to reform the international tax system, the government will publish a consultation on how the Pillar Two rules will be implemented in the UK.
As part of the consultation, the government is seeking views on the implementation of Pillar 2 in the UK, which will help to ensure multinational enterprises (MNEs) operating within the UK pay a global minimum level of tax (15%).
A long-standing priority for the UK, this multilateral solution will help to significantly limit / end international tax avoidance and ensure that big businesses pay their fair share of tax.
Letter from the Financial Secretary to respondents of the OECD Pillar 2 implementation consultation
The government thanks all respondents to the OECD Pillar 2 implementation consultation. The Financial Secretary to the Treasury, Lucy Frazer MP, has sent respondents an interim update on the implementation of Pillar 2, ahead of a formal response in the Summer.
Here are the OECD model rules (PDF, 21KB)