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 3-215  

3-215   ADJUSTMENTS AS NECESSARY FOR CHAPTERS 6 AND 7  
In computing a Constituent Entity ' s GloBE Income or Loss for a Fiscal Year:

(a)    adjust the Constituent Entity ' s Financial Accounting Net Income or Loss for the Fiscal Year so as to include an amount as required by a provision in Chapter 6 or 7 ; and

(b)    adjust the Constituent Entity ' s Financial Accounting Net Income or Loss for the Fiscal Year so as to exclude an amount as required by a provision in Chapter 6 or 7 ; and

(c)    adjust the Constituent Entity ' s Financial Accounting Net Income or Loss for the Fiscal Year so as to achieve a result as required by a provision in Chapter 6 or 7 ; and

(d)    adjust the Constituent Entity ' s Financial Accounting Net Income or Loss for the Fiscal Year by an amount as required by a provision in Chapter 6 or 7 .