QDMTT

GloBE, OECD, Pillar II, QDMTT

(University of Belgrade, Faculty of Law)/ /Leave a comment

The Pillar 2 initiative (GloBE and QDMTT) has been seen as the end of using low effective corporate income tax rates (either by virtue of low nominal corporate income tax rates and/or through the use of tax incentives) as a means to attract foreign investors.  Sacrifices made by the host country in terms of lower…

Effective Tax Rate, GloBE, Pillar II, QDMTT

(University of Muenster)/ /1 Comment

The GloBE Model Rules have introduced the Qualified Domestic Minimum Top-Up Tax (QDMTT) into the ruleset of the international compromise on an effective minimum tax (“Pillar 2”). A QDMTT is defined as a domestic minimum tax that applies to local constituent entities of in-scope MNEs and produces outcomes that are consistent with the GloBE rules….