The governments of Guernsey, Jersey and the Isle of Man have agreed a joint approach on Pillar Two, which will comprise the implementation of an income inclusion rule and a domestic minimum tax to provide for a 15% effective tax rate for large in-scope multinational enterprises, from 2025.
The governments of Guernsey, Jersey and the Isle of Man have agreed a joint approach on Pillar Two, which will comprise the implementation of an income inclusion rule and a domestic minimum tax to provide for a 15% effective tax rate for large in-scope multinational enterprises, from 2025.