Portugal's Secretary of State for Fiscal Affairs has launched a public consultation on a draft bill for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022. The deadline for comments is 31 July 2024.

The draft bill includes the introduction of the Pillar 2 income inclusion rule (IIR) and the undertaxed payment/profit ru…