TJX · 10-Q · 2026Q3 · Full report

Pillar Two Global Minimum Tax

TJX COMPANIES INC /DE/ · 2026-08-28 · Importance 29 · Surprise 24

Multiple countries have enacted legislation implementing the OECD’s 15% global minimum tax regime, known as Pillar Two, effective January 1, 2024. A comprehensive Side-by-Side Package released in January 2026 introduced additional safe harbors and options for companies headquartered in jurisdictions with a qualified Side-by-Side regime. Member countries must enact or update local legislation to incorporate the package. TJX continues evaluating the effects of enacted and proposed rules in jurisdictions where it operates.

Key facts

• A comprehensive Side-by-Side Package was released in January 2026 introducing additional safe harbors and options for companies headquartered in jurisdictions with a qualified Side-by-Side regime related to the 15% global minimum tax (Pillar Two). source
• A number of countries have enacted legislation to implement the OECD’s 15% global minimum tax regime (Pillar Two) with effect from January 1, 2024 and TJX continues to evaluate impacts of proposed and enacted legislation. source