Taiwan Considering Pillar 2 Global Minimum Tax

According to a recent release from Taiwan's Ministry of Finance, the Ministry is currently studying how to help multinational companies adapt to the Pillar 2 Global Minimum Tax (GMT). The release notes that although Taiwan is not a member of the BEPS Inclusive Framework, the Ministry is considering the implementation of the GMT in Taiwan, including a qualified domestic minimum top-up tax (QDMTT), otherwise it would just end up handing over taxing rights to other countries. The release also n…