Pillar Two – Global Minimum Tax Advisory
The OECD Pillar Two Global Minimum Tax framework introduces new tax obligations for multinational groups operating in or through the UAE. Pillar Two establishes a minimum effective tax rate of 15% and requires groups to calculate and pay top-up taxes where applicable.
UAE Context
The UAE has introduced a Qualified Domestic Minimum Top-Up Tax (QDMTT), making Pillar Two compliance particularly relevant for multinational enterprises.
Hallmark International’s Services:
01
Applicability and Risk Review
We assess whether your group falls within the scope of Pillar Two and identify potential exposure to top-up tax liabilities.
02
Compliance Readiness Assessment
We evaluate data availability, systems, and internal processes to determine readiness for Pillar Two compliance.
03
Group Tax Structuring Support
We review and advise on group structures to support compliance while managing global tax exposure.
04
Top-Up Tax Computation (QDMTT, IIR, UTPR)
We assist with accurate calculation of top-up taxes under QDMTT, IIR, and UTPR rules, along with supporting documentation.
Hallmark International’s Pillar Two advisory services guide multinational groups through the complexities of global minimum tax obligations, including QDMTT, IIR, and UTPR calculations. We help businesses assess applicability, ensure compliance readiness, structure groups efficiently, and compute top-up taxes accurately. With our expertise, global tax compliance becomes manageable, reducing risk and aligning your operations with UAE and international standards.
