Pillar 2: New Zealand consultation
https://taxpolicy.ird.govt.nz/publications/2022/2022-ip-oecd-pillar-two
New Zealand has published a consultation re: its potential adoption of OECD Pillar 2, for which comments are due by July 1, 2022. The cite above provides a link to the document.
Notwithstanding the sovereign nature of this consultation, this document provides a valuable context for the rules of Pillar 2, and understanding how each of the complex rules affect the government’s position.
New Zealand provided a non-binding endorsement of Pillar 2, although the decision to formally adopt OECD Pillar 1, 2, and/or a digital services tax is yet to be determined. However, New Zealand is likely to adopt the OECD rules if most of the other countries also join in this global effort.
Strategizing Multinational Tax Risks 