The Isle of Man recently published the Global Minimum Tax (Pillar Two) (Rate Of Interest) Order 2024, which was approved by the Tynwald on 21 January 2025 and sets the interest rate for the late payment of top-up tax under the Pillar 2 global minimum tax rules. As previously reported, the Isle of Man approved the implementation of the rules through the Global Minimum Tax (Pillar Two) Order 2024, effective from 1 January 2025. The interest rate is set at 5% and applies in relation to the late…