The French tax authority has announced the publication of guidance on the application of the Pillar 2 global minimum tax (GloBE) Rules. As previously reported, France transposed Council Directive (EU) 2022/2523 of 14 December 2022 for the implementation of the GloBE rules as part of the Finance Law for 2024. This includes the Pillar 2 income inclusion rule (IIR) and the undertaxed payment/pro…