Taxation (Multinational - Global and Domestic Minimum Tax) Act 2024
PART 2
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LIABILITY
Division 1
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Australian IIR tax (income inclusion rule tax)
SECTION 6
LIABILITY TO TAX
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AUSTRALIAN IIR TAX
6(1)
Tax is payable by an Entity for a Fiscal Year if it has one or more IIR Top-up Tax Amounts for the Fiscal Year.
6(2)
The amount of tax payable by the Entity for the Fiscal Year is the sum of those IIR Top-up Tax Amounts.
Tax is payable by an Entity for a Fiscal Year if it has one or more IIR Top-up Tax Amounts for the Fiscal Year.
6(2)
The amount of tax payable by the Entity for the Fiscal Year is the sum of those IIR Top-up Tax Amounts.
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