On 7 December 2023, the Danish parliament approved Bill L 5 for the implementation of the Pillar 2 global minimum tax (GloBE) rules in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). The measures of Bill L 5 cover members of a multinational group or a large national group with annual consolidated revenue of at least EUR 750 million in at least two of the preceding four fiscal years. The measures include the income inclusion rule (IIR) and the underta…