On 1 December 2023, the Czech Senate (upper house of parliament) approved the law for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). The law was approved by the Chamber of Deputies (lower house) on 27 October 2023. The law provides for the introduction of the Pillar 2 income inclusion rule (IIR)…