On 31 March the Minister for Finance, Michael McGrath TD, launched a feedback statement on the transposition of the EU Minimum Tax Directive (the Pillar Two Directive). The feedback statement follows the May 2022 public consultation, which sought feedback on broad scoping questions regarding the implementation of the Pillar Two rules into Irish legislation. It includes a statement that Ireland intends to introduce a qualified domestic top-up tax (QDTT) with effect from 1 January 2024.
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