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

Schedule 1   Amendments

Part 4   Amendments relating to administration and safe harbours

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

34   Subparagraph 8-70(1)(b)(i)

Omit "or an Authorised Financial Accounting Standard", substitute ", or in accordance with an Authorised Financial Accounting Standard and subject to adjustments to prevent any Material Competitive Distortions".