Israel Approves Legislation for Pillar 2 QDMTT

Israel's Knesset (parliament) has announced its approval of the Global Minimum Corporate Tax for Multinational Groups Law 2025 in its second and third readings on 29 December 2025. The legislation implements the OECD's Pillar Two framework by introducing a Qualified Domestic Minimum Top-Up Tax (QDMTT), ensuring that multinational enterprise (MNE) groups with annual global revenues exceeding EUR 750 million in at least two of the four fiscal years preceding the tested fiscal year pay an effec…