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

CHAPTER 5 - COMPUTATION OF EFFECTIVE TAX RATE  

PART 5-6 - MINORITY-OWNED CONSTITUENT ENTITIES  

SECTION 5-135   MEANING OF MINORITY-OWNED SUBSIDIARY AND MINORITY-OWNED SUBGROUP  

5-135(1)    
A Minority-Owned Constituent Entity in which a Controlling Interest is held by a Minority-Owned Parent Entity is a Minority-Owned Subsidiary of the Minority-Owned Parent Entity.

5-135(2)    
A Minority-Owned Subgroup means a Minority-Owned Parent Entity and its Minority-Owned Subsidiaries.