Monaco: Draft legislation would implement Pillar Two minimum taxation rules
Proposal includes a domestic minimum top-up tax and related compliance requirements.
Draft legislation submitted to Parliament on July 28, 2026, would introduce a domestic minimum top-up tax (DMTT) for fiscal years beginning on or after December 31, 2026.
The proposal generally follows the OECD Global Anti-Base Erosion (GloBE) framework and is intended to qualify as a domestic minimum tax under the Inclusive Framework peer review process.
The draft bill also includes references to several safe harbor provisions and would require in-scope entities to file GloBE Information Returns and local DMTT returns within 15 months after the end of the fiscal year, or 18 months for the transition year.
Read an August 2026 report prepared by KPMG's EU Tax Centre