On 6 March 2023, the Spanish Ministry of Finance published a consultation document on the implementation of the Pillar 2 global minimum tax through the transposition of Council Directive (EU) 2022/2523 of 14 December 2022 (previous coverage). The document provides an overview of the different provisions and requirements of the Directive, as well as references to relevant OECD model standards. The document also notes that the Directive must be transposed by 31 December 2023 in order for it to be applied to the tax periods that begin after that date (in practice in 2024), except for the undertaxed payment/profit rule...