Gibraltar's Pillar Two measures, including Qualified Domestic Top-up Tax, now enacted into legislation

03 January 2025|Tax Alerts, Information Reporting, Legislation & Policy, National/Federal Taxation, Global, BEPS 2.0|Gibraltar

Gibraltar's Parliament passed proposed Pillar Two legislation and the resulting Global Minimum Tax Act 2024 was enacted on 23 December 2024.
The new law introduces certain compliance and filing obligations for multinationals.

Following the Gibraltar Parliament's passage of Pillar Two legislation, the resulting Global Minimum Tax Act 2024 (the Act) was enacted on 23 December 2024.

Proposed Pillar Two legislation was first published in a bill on 10 December 2024. For background, see EY Global…

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