TTWO · 10-Q · 2026Q2 · Full report

OECD Global Minimum Tax

TAKE TWO INTERACTIVE SOFTWARE INC · 2026-08-07 · Importance 37 · Surprise 42 · In source text

Take-Two is evaluating the OECD Pillar Two global minimum tax framework, which generally imposes a 15% minimum tax on reported profits in relevant jurisdictions. The company states that Pillar Two was not material to its tax provision for the three months ended June 30, 2026, but could create additional liabilities where local tax expense is below 15%. OECD administrative guidance issued January 5, 2026 introduced safe harbors for U.S.-parented groups and extended the transitional country-by-country reporting safe harbor through the fiscal year ending March 31, 2028.

Key facts

• The OECD released new administrative guidance on January 5, 2026 regarding Pillar Two, including safe harbors and extension of Transitional Country-by-Country Reporting Safe Harbor through end of fiscal year ending March 31, 2028. source
• The impact of Pillar Two was not material to the tax provision for the three months ended June 30, 2026. source

Impact estimates