Germany's Federal Ministry of Finance (MoF) published a draft law on 20 March to implement the ‘Pillar Two’ Directive ensuring a global minimum taxation for multinational groups and large domestic groups in the European Union (the so-called Minimum Tax Directive Implementation Act - MinBestRL-UmsG). The publication of the German draft law follows the formal adoption by the EU Council to adopt Pillar Two on 15 December 2022.
The implementation of the EU Minimum Tax Directive is provided through a separate law, the Minimum Tax Act (MinStG).