ABT · 10-Q · 2026Q3 · Full report

OECD Global Minimum Tax

ABBOTT LABORATORIES · 2026-11-04 · Importance 17 · Surprise 24

The OECD’s Pillar 1 proposal would reallocate taxing rights among jurisdictions where in-scope multinationals operate, while Pillar 2 would impose a 15% minimum tax on earnings country by country. Numerous countries have enacted Pillar 2 model rules. On January 5, 2026, the OECD issued guidance that, if enacted, would exempt U.S.-parented groups from the Pillar 2 minimum tax; Abbott is monitoring potential effects of both pillars.

Key facts

• On January 5, 2026, the OECD released guidance that, when enacted, exempts U.S.-parented groups from the Pillar 2 minimum tax; Abbott is monitoring potential impacts. source
• OECD Pillar 2 proposes a 15% minimum tax on in-scope multinational corporations’ earnings on a country-by-country basis. source