{"id":21094,"date":"2026-03-31T07:43:49","date_gmt":"2026-03-31T07:43:49","guid":{"rendered":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/?p=21094"},"modified":"2026-04-01T13:54:52","modified_gmt":"2026-04-01T13:54:52","slug":"global-minimum-tax-oecd-pillar-two-and-its-implications-for-india-evaluating-readiness-challenges-and-sovereignty-concerns","status":"publish","type":"post","link":"https:\/\/www.legalserviceindia.com\/Legal-Articles\/global-minimum-tax-oecd-pillar-two-and-its-implications-for-india-evaluating-readiness-challenges-and-sovereignty-concerns\/","title":{"rendered":"Global Minimum Tax (OECD Pillar Two) and its implications for India: evaluating readiness, challenges and sovereignty concerns"},"content":{"rendered":"\n

<\/span>Introduction To Global Minimum Tax<\/span><\/h2>\n\n\n\n

MNC\u2019s are various big companies in many countries like Google, Apple, Amazon which shift profits from one country to another, which are not always physically but mostly through accounting strategies. There are also various low-tax jurisdictions, where countries have tax rates that are very low or almost zero like Ireland (12.5% – Standard corporate tax rate, 15% – applies to large multinational groups due to OECD global minimum tax rules), Cayman Islands (0% corporate tax), Bermuda (traditionally 0% corporate tax, now 15% minimum rate for large MNC\u2019s aligned with OECD rules).<\/p>

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