Netherlands, Finland Move to Amend Global Minimum Tax Rules

The Netherlands and Finland both published draft legislation to update their respective global minimum tax laws to include recent guidance from the OECD.

The changes follow recommendations from the Organization for Economic Development and Cooperation regarding the implementation of what is known as “Pillar Two,” which establishes a minimum effective tax rate of 15% for multinational and domestic groups with a turnover of at least €750 million ($834 million).

As part of its 2025 budget proposal last week, the Netherlands published draft legislation to update the Minimum Tax Act 2024 to incorporate OECD administrative guidance issued last year, the ...