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 8-145   FINANCIAL STATEMENTS - FLOW-THROUGH ENTITY  

8-145(1)    
Subsection (2) applies to:

(a)    the financial statements of a Constituent Entity that is a Flow-through Entity; and

(b)    the financial statements of its Constituent Entity-owners.

8-145(2)    
For the purposes of this Subdivision, disregard an expense or loss in the Flow-through Entity ' s financial statements to the extent that the expense or loss is included in the financial statements of its Constituent Entity-owners.