"Pillar 2" refers to a framework established by the OECD to address the challenges of taxing multinational corporations in a globalized economy. It aims to ensure that these companies pay a minimum level of tax, regardless of where they operate, thereby reducing tax avoidance strategies that exploit gaps in international tax rules. The framework includes a global minimum tax rate, which countries can adopt to prevent profit shifting to low-tax jurisdictions. This initiative seeks to create a fairer tax environment, encouraging companies to contribute to the economies in which they generate profits while promoting international cooperation on tax matters.