A public consultation on the proposed implementation of the OECD Pillar Two Minimum Tax Rate has been launched by Minister for Finance, Paschal Donohoe. As the Pillar Two framework will have significant impacts for Ireland across fiscal, industrial, and budgetary policies, the purpose of the consultation is to seek stakeholders’ views on the transposition of Pillar Two into Irish law, considering any challenges it may present.
The consultation period will run until 22 July 2022. The Institute, under the auspices of the CCAB-I, will respond to the consultation. Members can email any comments to tax@charteredaccountants.ie.