Taxation (Multinational - Global and Domestic Minimum Tax) Amendment (2026 Measures No. 2) Rules 2026 (F2026L00908)

Schedule 1   Amendments

Part 3   Amendments relating to Flow-through Entities

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

16   Paragraph 4-50(a)

Repeal the paragraph, substitute:

(a) either:

(i) accrued in the financial accounts of the Tax Transparent Entity for the Fiscal Year; or

(ii) allocated to the Tax Transparent Entity under section 4-55 (Allocation of amounts from Constituent Entity-owner to CFC); and