How many countries have Nedbank?
Over 140 countries and jurisdictions participating in the OECD and G20 Inclusive Framework on Base Erosion and Profit Shifting have committed to implementing the Pillar Two global minimum tax rules. This landmark international tax reform introduces a coordinated global minimum effective tax rate of 15% for large multinational enterprise groups. While the exact timeline and local statutory enactments vary across individual participating nations—with many jurisdictions having already introduced Qualified Domestic Minimum Top-up Taxes and Income Inclusion Rules—the overarching consensus encompasses nearly 147 member economies working together to minimize international profit shifting and address tax challenges arising from the digitalization of the global economy.
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