Taxation (Multinational - Global and Domestic Minimum Tax) Amendment (2025 Measures No. 1) Rules 2025 (F2025L01550)

Schedule 1 Amendments

Repeal the subsection, substitute:

(1) Subsection (2) applies if:

(a) a Constituent Entity of an MNE Group is a subsidiary member of a consolidated group; and

(b) the head company of the consolidated group is not any of the following:

(i) an Excluded Entity;

(ii) an Investment Entity;

(iii) an Insurance Investment Entity;

(iv) a Securitisation Entity for the Fiscal Year.