KLAC · 10-K · 2026A · Full report

OECD Global Minimum Tax

KLA CORP · 2026-08-06 · Importance 20 · Surprise 24

KLA continues to monitor the adoption of Pillar Two global minimum-tax rules across its tax jurisdictions. The company stated that Pillar Two legislation was effective for KLA beginning in fiscal 2025 in some jurisdictions that adopted the rules. Management expects future effective tax rates to remain sensitive to tax legislation and the geographic composition of pretax income. The filing does not quantify a separate fiscal 2026 impact from Pillar Two.

Key facts

• For some jurisdictions that adopted Pillar Two (global minimum tax), it was effective for us beginning in our fiscal year ended June 30, 2025. source