Latvia published the Law on Ensuring a Global Minimum Tax Level for Large Enterprise Groups in the Official Gazette on 20 June 2024. The law entered into force the date after its publication, i.e., on 21 June 2024. As previously reported, Latvia has opted to delay the application of the Pillar 2 global minimum tax (GloBE) rules as allowed by Article 50 of Council Directive (EU) 2022/2523 for EU Member States in which no more than 12 ultimate parent entities of groups within the scope of the …