750 Euro in Dollars: Understanding the GloBE Revenue Threshold
The global minimum tax, known as Pillar Two of the OECD’s Base Erosion and Profit Shifting (BEPS) project, introduces a 15% minimum effective tax rate for multinational enterprises (MNEs) with annual revenue exceeding 750 million euros. This threshold, a critical component of the Global Anti-Base Erosion (GloBE) rules, determines which…