Global Minimum Tax: A challenge for large corporations

From fi­nan­cial year 2024 on­wards, large cor­po­rate groups must ex­amine the ex­tent to which a tax in­crease is payable due to the re­qui­re­ments of the glo­bal mi­ni­mum tax. Even if all group en­ti­ties are ba­sed in coun­tries with a no­mi­nal cor­po­rate tax rate well above the mi­ni­mum tax rate of 15 %, the is­sue of glo­bal mi­ni­mum tax is not re­sol­ved. Howe­ver, tem­porary re­lief can be uti­li­sed and should tem­pora­rily re­duce the ad­mi­nis­tra­tive bur­den in many ca­ses.