Pillar 2: Save Time with Safe Harbours

Why Safe Harbours Matter

Under Pillar 2, compliance is not just about meeting deadlines, it is about managing complexity. The Global Anti-Base Erosion (GloBE) rules require detailed calculations and extensive data collection across multiple jurisdictions. For many groups, this can feel overwhelming. Safe Harbour provisions offer a practical way to simplify the process and reduce administrative burden.

What Are Safe Harbours?

Safe Harbours are simplified compliance measures that allow qualifying groups to avoid full GloBE calculations under certain conditions. They are designed to ease the transition into Pillar 2 by reducing complexity where risks are low. There are different types of Safe Harbours, each with specific eligibility criteria and benefits.

Our experts explain how these options work and what they mean for your organisation. By leveraging Safe Harbours effectively, you can save time, reduce costs, and focus resources where they are most needed.

Choosing the Right Approach

Not all Safe Harbours are created equal. Some apply based on simplified income tests, while others rely on existing tax filings. Understanding which option suits your group requires careful analysis of your structure, jurisdictions, and data availability.

Selecting the right Safe Harbour can:

• Minimise compliance effort.
• Reduce the risk of errors.
• Provide certainty during the initial implementation phase.

Your Next Step

Watch Episode 2 of our video series to learn how Safe Harbours can streamline your Pillar 2 compliance. For tailored advice on which options fit your organisation, contact our specialists. We are here to help.