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Pillar 2 (Global Minimum Tax) Adoption \& Legislation

January 1, 2025
Pillar 2 (Global Minimum Tax) Adoption \& Legislation

Pillar 2 (Global Minimum Tax) Adoption & Legislation

Canada has introduced draft legislation to enact the OECD's BEPS Pillar 2 global minimum tax, setting a 15% minimum for large multinational groups starting in fiscal years after December 31, 2024. The legislation includes extensive disclosure and compliance obligations.

Source:

Department of Finance Canada: BEPS & Pillar 2

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