I'm trying to figure out the specific amount, labeled as A, that is associated with pillar 1. Could you please help me understand what this amount represents in the context of pillar 1?
7 answers
IncheonBeauty
Thu Nov 07 2024
Additionally, the MNEs must generate total profits that are more than 10% of their global revenue.
CherryBlossomGrace
Thu Nov 07 2024
The revenue threshold mentioned is not set in stone.
noah_wright_author
Thu Nov 07 2024
There is a provision for it to be lowered to EUR 10 billion.
Chiara
Thu Nov 07 2024
Amount A is specifically applicable to multinational enterprises (MNEs) that meet certain financial criteria.
Valentino
Thu Nov 07 2024
This reduction will occur contingent upon the successful implementation of a review process.