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

CHAPTER 7 - TAX NEUTRALITY AND DISTRIBUTION REGIMES  

PART 7-4 - EFFECTIVE TAX RATE COMPUTATION FOR INVESTMENT ENTITIES  

Division 1 - Application  

SECTION 7-90  

7-90   COMPUTING GloBE INCOME OR LOSS OF INVESTMENT ENTITY  
For the purposes of this Part, in computing the GloBE Income or Loss of an Investment Entity, disregard that GloBE Income or Loss to the extent that the Investment Entity ' s GloBE Income or Loss is attributable to interests that are subject to an election under Part 7-5 or 7-6 .