Taxation (Multinational - Global and Domestic Minimum Tax) Act 2024
PART 2
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LIABILITY
Division 3
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Australian UTPR tax (undertaxed profits rule tax)
SECTION 11
MEANING OF UTPR TOP-UP TAX AMOUNT
11(1)
UTPR Top-up Tax Amount has the meaning given by the Rules.
11(2)
Without limiting the scope of subsection (1) , the Rules may provide that an Entity has a UTPR Top-up Tax Amount in respect of: (a) another Entity; or (b) a Permanent Establishment.
UTPR Top-up Tax Amount has the meaning given by the Rules.
11(2)
Without limiting the scope of subsection (1) , the Rules may provide that an Entity has a UTPR Top-up Tax Amount in respect of: (a) another Entity; or (b) a Permanent Establishment.
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