Estonian Parliament Approves Legislation for Public CbC Reporting and Partial Implementation of Pillar 2 Global Minimum Tax Rules

On 10 April 2024, the Estonian parliament approved the Act supplementing the Tax Information Exchange Act, the Taxation Act, and the Income Tax Act (379 SE), which provides for the implementation of the public CbC reporting requirements of Council Directive (EU) 2021/2101 and the return requirements for the Pillar 2 global minimum tax of Council Directive (EU) 2022/2523.

With respect to public CbC reporting, it is essentially provided that the tax authority is empowered to publish on its …