Taxation (Multinational - Global and Domestic Minimum Tax) Rules 2024

CHAPTER 3 - COMPUTATION OF GloBE INCOME OR LOSS  

PART 3-2 - ADJUSTMENTS TO DETERMINE GloBE INCOME OR LOSS  

Division 2 - Other Article 3.2 adjustments  

SECTION 3-155   ADJUSTMENT - AGGREGATE ASSET GAIN - ELECTION  

3-155(1)    
This section applies if an MNE Group has an Aggregate Asset Gain for a jurisdiction for a Fiscal Year.

3-155(2)    
A Filing Constituent Entity for the MNE Group may make an election for the MNE Group under this subsection that applies to a specified jurisdiction.

3-155(3)    
An election under subsection (2) is an Annual Election.