On 11 March 2025 the Council reached an agreement on the exchange of information for GloBE Information Returns (GIR) for companies affected by Pillar Two. This is designed to create a Union-wide basis for the automatic exchange of information on GloBE Information Returns. For companies with Pillar Two duties, this means that in future they will be able to file their GIR centrally in only one member state. DAC9 thereby provides a substantial simplifica-tion for multinational and large German groups of companies that fall under the German Mini-mum Tax Act (MinStG).

The new U.S. President, Donald Trump, has already started implementing key campaign promises in the early weeks of his second term. This includes a shift away from the tax policies of his predecessor. In this article, we explore what this change in tax policy means for globally operating companies, particularly regarding the implementation of the global minimum tax.

The EU list of non-cooperative jurisdictions for tax purposes (EU blacklist) was updated on 8 October 2024. This has implications for the application of the Tax Haven Defence Act (StAbwG) for the countries concerned. Extended defensive measures will also apply to some of the remaining tax havens on the list from 2025.