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UK delays implementation of Pillar 2 global tax rules to Dec. 2023

The British government said on Tuesday it planned to delay until December 2023 the implementation of Pillar 2 legislation designed to ensure large multinational enterprises pay a global minimum level of tax.

UK delays implementation of Pillar 2 global tax rules to Dec. 2023
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In a letter to those who responded to a government consultation, the government said many had flagged that bringing in the new measures from spring 2023, likely ahead of other countries, would put UK businesses at a competitive and administrative disadvantage. 

Read more at Reuters

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