About this guidance
Revenue Jersey has published guidance that explains what organisations need to do to comply with Jersey’s Pillar Two rules.
The guidance explains how Pillar Two works in practice in Jersey, including the steps that a multinational group within scope needs to take to meet its requirements.
It is designed to help multinational groups, their advisers and other tax authorities understand how Revenue Jersey applies and manages Pillar Two.
The guidance should be read together with:
What the guidance covers
The administrative guidance explains, in practical terms, how Pillar Two compliance works in Jersey. It includes guidance on:
- Pillar Two in Jersey and its policy background
- how to determine whether a multinational group is in scope
- registration requirements and registration deadlines
- identifying and nominating a reporting entity
- what information is required to register
- the MCIT registration process and what happens after submission
- amendments to registration details
- registration penalties, waivers and appeals
- administration of the MCIT de minimis exemption election
Detailed guidance on payments can be found on how to pay Multinational Corporate Income tax (MCIT).
Guidance on submitting MCIT, IIR and GloBE returns will be included in later versions of the administrative guidance.
Read the guidance
The administrative guidance is published as a PDF and should be read in full.
It includes explanatory text, process flows and diagrams that are best presented in document format.
Pillar Two administrative guidance
How this guidance fits with other Pillar Two information
The administrative guidance does not replace the legislation or technical guidance, but explains how Pillar Two is administered and complied with in Jersey.
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