The Government of Monaco has announced that it has tabled a bill for the introduction of a 15% Qualified Domestic Minimum Top-up Tax (QDMTT) in accordance with the OECD's Pillar 2 rules. As explained in the release, Monaco is introducing the QDMTT primarily to protect its fiscal sovereignty by ensuring tax revenues from local operations remain within the Principality rather than being collected by foreign tax authorities under the Pillar 2 rules. Further, the implementation aims to preserve…