Taxation (Multinational - Global and Domestic Minimum Tax) Rules 2024
For the purposes of this instrument, the Total UTPR Top-up Tax Amount for an MNE Group for a Fiscal Year is allocated to Australia in accordance with this section.
2-60(2)
The amount of the Total UTPR Top-up Tax Amount allocated to Australia is: (a) the Total UTPR Top-up Tax Amount;
multiplied by:
(b) the MNE Group ' s UTPR percentage for the Fiscal Year for Australia.
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