The Australian Taxation Office (ATO) announced on 11 August 2023 that it has commenced targeted consultations on the implementation of Pillar 2 global minimum tax rules. As planned, the income inclusion rule and domestic minimum tax will apply from 1 January 2024 and the undertaxed profits rule will apply from 1 January 2025. --- SGEs: have your say on the implementation of Pillar Two GloBE Model Rules On 9 May 2023, the Treasurer announced in the 2023–24 Budget that the Australian Government will implement the Organisation for Economic Cooperation and Development (OECD) Global Anti-Base Erosion (GloBE) Model Rules (also known...