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

PART 2 - LIABILITY  

Division 2 - Australian DMT tax (domestic minimum top-up tax)  

SECTION 8   LIABILITY TO TAX - AUSTRALIAN DMT TAX  

8(1)    
Tax is payable by an Entity for a Fiscal Year if it has one or more Domestic Top-up Tax Amounts for the Fiscal Year.

8(2)    
The amount of tax payable by the Entity for the Fiscal Year is the sum of those Domestic Top-up Tax Amounts.


 

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