Pillar 2: “Top up” Tax

Pillar 2: “Top up” Tax

Israel has taken a significant step in implementing the OECD’s Pillar Two framework, approving a new minimum tax regime for multinational groups with revenues exceeding €750 million. While not immediately applicable to all forum companies, the changes are highly relevant for growth companies expected to reach this threshold in the coming years, and for Israel’s broader competitiveness as a scaling destination. Throughout the legislative process, we worked closely with the Ministry of Finance, the Israel Tax Authority, and the Israel Innovation Authority, with active involvement from our Tax Directors and advisors at EY, to help shape a balanced outcome. For the full legislation: https://www.nevo.co.il/law_html/law00/239632.htm