The new chiral diphosphine ligand (R)-(2 0 -(bis(trifluoromethyl)phosphino)-1,1 0 -binaphthyl-2yl)diphenylphosphine (2), which contains a bis(trifluoromethyl)phosphine group, was prepared in five steps from (R)-BINOL (5). As a key transformation, the unprecedented electrophilic double trifluoromethylation of the primary phosphine 8 was achieved using the hypervalent iodine trifluoromethylation reagent 1-trifluoromethyl-1,2-benziodoxol-3-(1H)-one (1), derived from o-iodobenzoic acid. The palladium dichloride complex of this ligand (10) shows the P(CF 3 ) 2 group with a high degree of pyramidalization at the P atom and a relatively short Pd-P bond (2.2230(4) A ˚), both features being indicative of the strong s-character of the phosphorus lone pair.