According to an update from the Czech Parliament, President Petr Pavel signed on 14 December 2023 the law for the implementation of the Pillar 2 global minimum tax in accordance with Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). The law was sent for publication in the Official Gazette on 20 December 2023. As previously reported, the law is purely a transpositional legal regulation that reflects the Directive. This includes 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 of 15% for MNE...