Taxation (Multinational - Global and Domestic Minimum Tax) Act 2024
PART 5
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INTERPRETATION
Division 1
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Definitions
SECTION 35
35
CURRENCY TRANSLATION OF AGGREGATE VARIATION
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DEFINITION OF MATERIAL COMPETITIVE DISTORTION
In computing an amount of Euros for the purposes of computing an aggregate variation mentioned in paragraph (a) of the definition of Material Competitive Distortion in section 34 , translate amounts expressed in currencies other than Euros to Euros in accordance with Rules made for the purposes of this section.
In computing an amount of Euros for the purposes of computing an aggregate variation mentioned in paragraph (a) of the definition of Material Competitive Distortion in section 34 , translate amounts expressed in currencies other than Euros to Euros in accordance with Rules made for the purposes of this section.
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