APH · 10-Q · 2026Q2 · Full report

Pillar Two Global Minimum Tax

AMPHENOL CORP /DE/ · 2026-07-31 · Importance 3 · Surprise 6

The OECD/G20 Pillar Two framework establishes a global minimum tax and has been implemented in stages across EU member states, with the first component effective January 1, 2024 and the second effective January 1, 2025. Countries where Amphenol operates have enacted, or are expected to enact, similar legislation with varying effective dates. The company reported no material financial-statement impact for the three or six months ended June 30, 2026 and does not currently expect a material future impact, but is continuing to evaluate additional country legislation and guidance.

Key facts

• The Company has done a preliminary review of Pillar Two legislation and implementation did not have a material impact on the condensed consolidated financial statements during the three and six months ended June 30, 2026, and it is not currently expected to have a material impact on operations, financial condition or cash flows in the future. source
• Excluding certain items, the Adjusted Effective Tax Rate for both the three and six months ended June 30, 2026 was 27.0%, and for both the three and six months ended June 30, 2025 was 24.5%. source