Pillar 2: Multinational Top-up Tax and Domestic Top-up Tax amendments
This tax information and impact note is about the amendments being made to the Multinational Top-up Tax and Domestic Top-up Tax, which were brought in as part of the UK's implementation of Pillar 2.
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Linked documents
- Policy Paper Multinational Top-up Tax and Domestic Top-up Tax — amendments
- Bill Amendment Draft legislation (accessible version)
▤ Verbatim text from source document
Multinational Top-up Tax and Domestic Top-up Tax are the UK’s adoption of the Pillar 2 Global Anti-Base Erosion (GloBE) rules agreed by the UK and other members of the Organisation for Economic Co-operation and Development/G20 Inclusive Framework on base erosion and profit shifting.
This measure is comprised of amendments identified from stakeholder consultation and those necessary to ensure that UK legislation remains consistent with commentary to the GloBE rules agreed by the UK and other members of the Inclusive Framework.