Taxation (Multinational - Global and Domestic Minimum Tax) Amendment (2026 Measures No. 1) Rules 2026 (F2026L00371)

Schedule 1 Amendments

Repeal the subsection, substitute:

(3) Subsection (4) applies if:

(a) any of the following is the head company of a consolidated group:

(i) a Constituent Entity of an MNE Group;

(ii) a Joint Venture of an MNE Group;

(iii) a JV Subsidiary of a Joint Venture of an MNE Group; and

(b) the head company of the consolidated group is not an Excluded Entity or a Securitisation Entity for the Fiscal Year.