Portugal published Law No. 41/2024 in the Official Gazette on 8 November 2024, which transposes Council Directive (EU) 2022/2523 of 14 December 2022 for the implementation of the Pillar 2 global minimum tax. As previously reported, the law provides the introduction of the Pillar 2 income inclusion rule (IIR) and the undertaxed payment/profit rule (UTPR) in order to ensure a minimum tax level o…