Taxation (Multinational - Global and Domestic Minimum Tax) Amendment (2026 Measures No. 1) Rules 2026 (F2026L00371)

Schedule 1 Amendments

Repeal the subsection, substitute:

(1) Subsection (2) applies if:

(a) either of the following is a subsidiary member of a consolidated group:

(i) a Constituent Entity of an MNE Group;

(ii) a JV Subsidiary of a Joint Venture of an MNE Group; and

(b) the head company of the consolidated group is not an Excluded Entity or a Securitisation Entity for the Fiscal Year.