Taxation (Multinational - Global and Domestic Minimum Tax) Rules 2024
CHAPTER 6
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CORPORATE RESTRUCTURINGS AND HOLDING STRUCTURES
PART 6-2
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CONSTITUENT ENTITIES JOINING AND LEAVING AN MNE GROUP
Division 1
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Transfers of Ownership Interests
SECTION 6-30
6-30
HISTORICAL CARRYING VALUE OF TARGET
'
S ASSETS AND LIABILITIES
For the purposes of applying this instrument in relation to the acquiring MNE Group, in computing the GloBE Income or Loss and Adjusted Covered Taxes of the target in the transfer year and each later Fiscal Year, use the target ' s historical carrying value of its assets and liabilities.
For the purposes of applying this instrument in relation to the acquiring MNE Group, in computing the GloBE Income or Loss and Adjusted Covered Taxes of the target in the transfer year and each later Fiscal Year, use the target ' s historical carrying value of its assets and liabilities.
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