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

CHAPTER 8 - ADMINISTRATION  

PART 8-2 - SAFE HARBOURS  

Division 2 - Transitional CbCR Safe Harbour  

Subdivision G - Treatment of Hybrid Arbitrage Arrangements  

SECTION 8-140  

8-140   FINANCIAL STATEMENTS FOR PURPOSES OF THIS SUBDIVISION  
For the purposes of this Subdivision, the financial statements of a Constituent Entity of an MNE Group are:

(a)    the financial statements used to compute the Constituent Entity ' s GloBE Income; or

(b)    the Qualified Financial Statements of the MNE Group to the extent they relate to the Constituent Entity.