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

CHAPTER 7 - TAX NEUTRALITY AND DISTRIBUTION REGIMES  

PART 7-5 - INVESTMENT ENTITY TAX TRANSPARENCY ELECTION  

SECTION 7-125   INVESTMENT ENTITY TAX TRANSPARENCY ELECTION  

7-125(1)    
A Filing Constituent Entity for an MNE Group may make an election for the MNE Group under this subsection that applies to:

(a)    a specified Constituent Entity of the MNE Group, if the Constituent Entity is an Investment Entity; and

(b)    one or more specified Constituent Entity-owners of the Investment Entity.

7-125(2)    
An election under subsection (1) is a Five-Year Election.