Pillar Two Implementation – Bill Submitted to Parliament

This note summarizes the Bill of Law Implementing Council Directive (EU) 2022/2523 on ensuring a global minimum level of taxation for multinational enterprise groups and large-scale domestic groups in the European Union, which was presented by the Luxembourg government on 4 August 2023, and amended on 13 November 2023. The authors examine the main features of the Bill and its amendments and focus on some key points.