November 2023 has been a significant month for the advancement of Pillar Two, a core aspect of the global tax reform under the BEPS 2.0 initiative. Countries around the world continue to make strides in aligning their tax systems with these new international standards.
Here’s a brief overview of the progress made across various countries in November:
As these changes continue to evolve, it is imperative for businesses and stakeholders to stay informed and adapt to the new tax landscape. WTS Global, with its expansive network spanning over 100 countries, remains committed to providing a comprehensive overview of the Pillar Two implementation status in 72 countries. If you have specific inquiries regarding the Pillar Two rules and their implications for your business, we encourage you to reach out to our tax experts.
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