Taiwan's Ministry of Finance has announced draft revisions to the income basic tax rate, or alternative minimum tax (AMT) rate, in response to the Pillar 2 global minimum tax. Starting in 2025, it is proposed that the AMT rate be increased from 12% to 15% for Taiwanese enterprises that are members of MNE groups that fall within the scope of the Pillar 2 global minimum tax (GMT) rules. This includes groups with consolidated annual revenue exceeding EUR 750 million in any two of the previous f…