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

PART 3 - CORE GROUP AND ENTITY CONCEPTS  

Division 1 - Groups, Entities and Permanent Establishments  

SECTION 14   MEANINGS OF MNE GROUP AND GROUP  

14(1)    
An MNE Group is a Group that includes at least one Entity or Permanent Establishment that is not located in the jurisdiction of the Ultimate Parent Entity of the Group.

14(2)    
Group means:

(a)    a Group under subsection 17(1) ; or

(b)    a Group under paragraph 18(4)(a) .

Note: