What is Pillar Two?
Entities within the scope of the legislation
The Pillar Two rules apply to Multi-National Enterprise (MNE) groups or large-scale domestic groups. These rules apply where the revenue of the group exceeds €750m in two of the previous four fiscal years.
For the purpose of the domestic top-up tax, the rules are extended to standalone entities that meet the revenue threshold. Certain entities, referred to as excluded entities, are outside the scope of the rules.