BEPS 2.0

The global minimum corporate tax rate proposed by the OECD is one step closer to implementation following the publication of model rules on 20 December 2021. 

These “global anti-base erosion” or “GloBE” rules are the main component of Pillar Two of the OECD’s BEPS 2.0 project, and aim to ensure that large multinational enterprise (MNE) groups pay a minimum effective tax rate (ETR) of at least 15% on their profits in every jurisdiction in which they operate.

The rules, which reflect an unprecedented degree of co-ordination between countries on corporate tax, are a major milestone and put countries in a position to push ahead with domestic implementation of the proposals, which the OECD envisages will take effect from 2023.

This hub page will provide updates on BEPS 2.0 and pull together a collection of our thought leadership on international tax reform.

Access our detailed Q&A guide to Pillar Two below or read a summary of the central mechanics of the proposed new rules for Pillar Two.

Featured article

Pillar Two proposals: what you need to know

Pillar Two of the OECD/G20 agreement on international tax reform aims to put a floor on tax competition and end a “race to the bottom”.

Learn more

Listen to our podcast episode on the OECD’s publication of BEPS 2.0 model rules on 20 December 2021.


In depth