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Perspective:
Perspective
12 May 2025
5 minute read

Responding to Pillar Two

Financial reporting considerations of Pillar Two in its first years of implementation

Alison White
Responding to Pillar Two
260 KB PDF

The IASB released International Tax Reform – Pillar Two Model Rules in late May 2023, addressing accounting implications of the OECD ‘Pillar Two’ global minimum tax being implemented by over 130 countries globally, including in Australia and New Zealand.

The publication explains the amendments, outlines how they relate to the Pillar Two transition process, and provides frequently asked questions around the financial reporting impacts of Pillar Two.

Note: This publication was originally issued in June 2023 and was updated in December 2023 and April 2025 for recent developments.

Download the publication to learn more.

Contact us

Alison White

Partner, A&A Accounting & Corporate Reporting
+61 2 9322 5304

Moana Overton

Partner, A&A Accounting & Corporate Reporting
+61 3 9671 7871

Carol Warden

Partner, A&A Accounting & Corporate Reporting
+61 2 9322 5038

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