Italy’s Ministry of Economy and Finance has published a list of jurisdictions, on 23 January 2024, that have enacted supplementary minimum tax and national minimum tax laws. These jurisdictions have obtained the transitional “qualified” status of their legislation following the review process by the Inclusive Framework on BEPS.
The list includes the dates of each jurisdiction’s supplementary and national minimum tax legislation that has qualified and the jurisdictions with national minimum tax legislation qualifying as a safe harbour.
The lists are as follows:
Minimum Top-up Tax:
Country | Implementation Date |
Australia | January 1, 2024 |
Austria | December 31, 2023 |
Belgium | December 31, 2023 |
Bulgaria | December 31, 2023 |
Canada | December 31, 2023 |
Croatia | December 31, 2023 |
Czech Republic | December 31, 2023 |
Denmark | December 31, 2023 |
Finland | December 31, 2023 |
France | December 31, 2023 |
Germany | December 31, 2023 |
Greece | December 31, 2023 |
Hungary | December 31, 2023 |
Ireland | December 31, 2023 |
Italy | December 31, 2023 |
Japan | April 1, 2024 |
Korea | January 1, 2024 |
Liechtenstein | January 1, 2024 |
Luxembourg | December 31, 2023 |
Netherlands | December 31, 2023 |
Norway | January 1, 2024 |
Romania | December 31, 2023 |
Slovenia | December 31, 2023 |
Domestic Minimum Tax:
Country | National Minimum Tax “Safe Harbour” | Effective Date |
Australia | Yes | January 1, 2024 |
Austria | Yes | December 31, 2023 |
Barbados | Yes | January 1, 2024 |
Belgium | Yes | December 31, 2023 |
Bulgaria | Yes | December 31, 2023 |
Canada | Yes | December 31, 2023 |
Croatia | Yes | December 31, 2023 |
Czech Republic | Yes | December 31, 2023 |
Denmark | Yes | December 31, 2023 |
Finland | Yes | December 31, 2023 |
France | Yes | December 31, 2023 |
Germany | Yes | December 31, 2023 |
Greece | Yes | December 31, 2023 |
Hungary | Yes | December 31, 2023 |
Ireland | Yes | December 31, 2023 |
Italy | Yes | December 31, 2023 |
Liechtenstein | Yes | January 1, 2024 |
Luxembourg | Yes | December 31, 2023 |
Netherlands | Yes | December 31, 2023 |
Norway | Yes | January 1, 2024 |
Romania | Yes | December 31, 2023 |
Slovakia | Yes | December 31, 2023 |
Slovenia | Yes | December 31, 2023 |
Sweden | Yes | December 31, 2023 |
Switzerland | Yes | January 1, 2024 |
Turkey | Yes | January 1, 2024 |
United Kingdom | Yes | December 31, 2023 |
Vietnam | Yes | January 1, 2024 |