Taxation (Multinational - Global and Domestic Minimum Tax) Act 2024
PART 5
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INTERPRETATION
Division 4
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Location of Entities and Permanent Establishments
SECTION 42
LOCATION OF A PERMANENT ESTABLISHMENT
42(1)
This section applies to a Constituent Entity of an MNE Group if it is a Permanent Establishment.
42(2)
For the purposes of this Act, if paragraph 19(1)(a) , (b) or (c) applies in relation to the Permanent Establishment, the Permanent Establishment is located in the jurisdiction mentioned in that paragraph.
42(3)
For the purposes of this Act, if paragraph 19(1)(d) applies in relation to the Permanent Establishment, the Permanent Establishment is a Stateless Constituent Entity of the MNE Group.
This section applies to a Constituent Entity of an MNE Group if it is a Permanent Establishment.
42(2)
For the purposes of this Act, if paragraph 19(1)(a) , (b) or (c) applies in relation to the Permanent Establishment, the Permanent Establishment is located in the jurisdiction mentioned in that paragraph.
42(3)
For the purposes of this Act, if paragraph 19(1)(d) applies in relation to the Permanent Establishment, the Permanent Establishment is a Stateless Constituent Entity of the MNE Group.
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