PFE · 10-Q · 2026Q2 · Full report

OECD Global Minimum Tax

PFIZER INC · 2026-08-04 · Importance 47 · Surprise 60

Many countries outside the U.S. have enacted global minimum-tax legislation under the OECD Base Erosion and Profit Shifting Pillar 2 project. The provisions generally apply to Pfizer from 2024, but significant implementation details and guidance remain pending. Pfizer stated that income-tax expense could be materially affected as the rules become effective in jurisdictions where it operates.

Key facts

• Many countries outside the U.S. have enacted global minimum taxation from OECD Pillar 2 effective for Pfizer since 2024, and income tax expense could be materially impacted as legislation becomes effective in countries where Pfizer does business. source