{"id":"F2025L00985","name":"Taxation (Multinational—Global and Domestic Minimum Tax) (Qualified GloBE Taxes) Determination 2025","slug":"taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":442939,"registerId":"F2025L00985-fast-fetch-1775957851001","compilationNumber":null,"startDate":"2026-04-12","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"1","sectionType":"section","heading":"Taxation (Multinational—Global and Domestic Minimum Tax) (Qualified GloBE Taxes) Determination 2025","content":"---\nmeta-content-style-type: text/css\nmeta-content-type: application/xhtml+xml; charset=utf-8\n---\n\n![Commonwealth coat of arms of Australia](image.001.jpeg)\n\n \n\nTaxation (Multinational—Global and Domestic Minimum Tax) (Qualified GloBE Taxes) Determination 2025\n\nI, Andrew Leigh, Assistant Minister for Productivity, Competition, Charities and Treasury, make the following determination.\n\nDated  20 August 2025\n\n \n\nDr Andrew Leigh\n\nAssistant Minister for Productivity, Competition, Charities and Treasury  Parliamentary Secretary to the Treasurer\n\n \n\n \n\n \n\n \n\nContents\n\nPart 1—Preliminary\n\n1  Name \n\n2  Commencement\n\n3  Authority\n\n4  Definitions\n\nPart 2—Qualified GLoBE taxes\n\n5  Qualified IIRs\n\n6  Qualified Domestic Minimum Top-up Tax\n\n7  QDMTT Safe Harbour status\n\n \n\nPart 1—Preliminary\n\n1  Name\n\n  This instrument is the Taxation (Multinational—Global and Domestic Minimum Tax) (Qualified GloBE Taxes) Determination 2025.\n\n2  Commencement\n\n (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.\n\n \n\n- Commencement information\n- Column 1 Column 2 Column 3\n- Provisions Commencement Date/Details\n- 1. The whole of this instrument The day after this instrument is registered.\n\n\nNote: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.\n\n (2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.\n\n3  Authority\n\n  This instrument is made under the Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024.\n\n4  Definitions\n\nNote: Expressions have the same meaning in this instrument as in the Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024 as in force from time to time—see paragraph 13(1)(b) of the Legislation Act 2003.\n\nIn this instrument:\n\nDomestic Minimum Top-Up Tax means a tax that is consistent with paragraphs (a) and (b) of the meaning of Qualified Domestic Minimum Top-up Tax in Article 10.1 of the GloBE Rules.\n\nthe Rules means the Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024.\n\nPart 2—Qualified GloBE taxes\n\n5  Qualified IIRs\n\n  For the purposes of paragraph 10-15(a) of the Rules, a tax that is imposed under an IIR of a jurisdiction mentioned in Column 1 of an item in the following table, is specified as a Qualified IIR, for the Fiscal Year starting on or after the date specified in Column 2 of that item and each later Fiscal Year.\n\n \n\n|  | Column 1 | Column 2 |\n| --- | --- | --- |\n| Item | Jurisdiction | Fiscal Years starting on or after |\n| 10 | Australia | 1 January 2024 |\n| 15 | Austria | 31 December 2023 |\n| 20 | Belgium | 31 December 2023 |\n| 25 | Bulgaria | 31 December 2023 |\n| 30 | Canada | 31 December 2023 |\n| 35 | Croatia | 31 December 2023 |\n| 40 | Czechia | 31 December 2023 |\n| 45 | Denmark | 31 December 2023 |\n| 50 | Finland | 31 December 2023 |\n| 55 | France | 31 December 2023 |\n| 60 | Germany | 31 December 2023 |\n| 65 | Greece | 31 December 2023 |\n| 70 | Guernsey | 1 January 2025 |\n| 75 | Hungary | 31 December 2023 |\n| 80 | Ireland | 31 December 2023 |\n| 85 | Italy | 31 December 2023 |\n| 90 | Japan | 1 April 2024 |\n| 95 | Korea | 1 January 2024 |\n| 100 | Liechtenstein | 1 January 2024 |\n| 105 | Luxembourg | 31 December 2023 |\n| 110 | Netherlands | 31 December 2023 |\n| 115 | Norway | 1 January 2024 |\n| 120 | Romania | 31 December 2023 |\n| 125 | Slovenia | 31 December 2023 |\n| 130 | Spain | 31 December 2023 |\n| 135 | Sweden | 31 December 2023 |\n| 140 | Türkiye | 1 January 2024 |\n| 145 | United Kingdom | 31 December 2023 |\n| 150 | Viet Nam | 1 January 2024 |\n\n\n \n\n6  Qualified Domestic Minimum Top-up Tax\n\n  For the purposes of paragraph 10-15(b) of the Rules, a tax that is a Domestic Minimum Top-up Tax, and is imposed under a law of a jurisdiction mentioned in Column 1 of an item in the following table, is specified as a Qualified Domestic Minimum Top-up Tax, for the Fiscal Year starting on or after the date specified in Column 2 of that item and each later Fiscal Year.\n\n \n\n|  | Column 1 | Column 2 |\n| --- | --- | --- |\n| Item | Jurisdiction | Fiscal Years starting on or after |\n| 10 | Australia | 1 January 2024 |\n| 15 | Austria | 31 December 2023 |\n| 20 | Barbados | 1 January 2024 |\n| 25 | Belgium | 31 December 2023 |\n| 30 | Bulgaria | 31 December 2023 |\n| 35 | Canada | 31 December 2023 |\n| 40 | Croatia | 31 December 2023 |\n| 45 | Czechia | 31 December 2023 |\n| 50 | Denmark | 31 December 2023 |\n| 55 | Finland | 31 December 2023 |\n| 60 | France | 31 December 2023 |\n| 65 | Germany | 31 December 2023 |\n| 70 | Greece | 31 December 2023 |\n| 75 | Guernsey | 1 January 2025 |\n| 80 | Hungary | 31 December 2023 |\n| 85 | Ireland | 31 December 2023 |\n| 90 | Italy | 31 December 2023 |\n| 95 | Liechtenstein | 1 January 2024 |\n| 100 | Luxembourg | 31 December 2023 |\n| 105 | Netherlands | 31 December 2023 |\n| 110 | Norway | 1 January 2024 |\n| 115 | Romania | 31 December 2023 |\n| 120 | Slovak Republic | 31 December 2023 |\n| 125 | Slovenia | 31 December 2023 |\n| 130 | Spain | 31 December 2023 |\n| 135 | Sweden | 31 December 2023 |\n| 140 | Switzerland | 1 January 2024 |\n| 145 | Türkiye | 1 January 2024 |\n| 150 | United Kingdom | 31 December 2023 |\n| 155 | Viet Nam | 1 January 2024 |\n\n\n \n\n7  QDMTT Safe Harbour status\n\n  For the purposes of subsection 8-200(2) of the Rules, the Qualified Domestic Minimum Top-up Tax of a jurisdiction specified in Column 1 of an item of the following table has QDMTT Safe Harbour status for the Fiscal Year starting on or after the date specified in Column 2 of that item and each later Fiscal Year.\n\n \n\n|  | Column 1 | Column 2 |\n| --- | --- | --- |\n| Item | Jurisdiction | Fiscal Year starting on or after |\n| 10 | Australia | 1 January 2024 |\n| 15 | Austria | 31 December 2023 |\n| 20 | Barbados | 1 January 2024 |\n| 25 | Belgium | 31 December 2023 |\n| 30 | Bulgaria | 31 December 2023 |\n| 35 | Canada | 31 December 2023 |\n| 40 | Croatia | 31 December 2023 |\n| 45 | Czechia | 31 December 2023 |\n| 50 | Denmark | 31 December 2023 |\n| 55 | Finland | 31 December 2023 |\n| 60 | France | 31 December 2023 |\n| 65 | Germany | 31 December 2023 |\n| 70 | Greece | 31 December 2023 |\n| 75 | Guernsey | 1 January 2025 |\n| 80 | Hungary | 31 December 2023 |\n| 85 | Ireland | 31 December 2023 |\n| 90 | Italy | 31 December 2023 |\n| 95 | Liechtenstein | 1 January 2024 |\n| 100 | Luxembourg | 31 December 2023 |\n| 105 | Netherlands | 31 December 2023 |\n| 110 | Norway | 1 January 2024 |\n| 115 | Romania | 31 December 2023 |\n| 120 | Slovak Republic | 31 December 2023 |\n| 125 | Slovenia | 31 December 2023 |\n| 130 | Spain | 31 December 2023 |\n| 135 | Sweden | 31 December 2023 |\n| 140 | Switzerland | 1 January 2024 |\n| 145 | Türkiye | 1 January 2024 |\n| 150 | United Kingdom | 31 December 2023 |\n| 155 | Viet Nam | 1 January 2024 |\n\n\n \n","sortOrder":0}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":3,"scope_assessment":{"changed":false,"description":"This instrument performs exactly the function intended - specifying which foreign taxes qualify under Australia's GloBE implementation. It is a standard machinery provision that operates within the scope established by the parent Rules."},"complexity_factors":["Short instrument with only 7 sections and minimal conditional logic","Heavy reliance on external definitions - terms like 'IIR', 'QDMTT', 'Fiscal Year', and 'GloBE Rules' are defined in the parent Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024, not in this instrument","Three simple tables with straightforward date-based lookups","No nested exceptions or complex procedural requirements","Single purpose instrument - purely declaratory/specifying function","Cross-references only to specific paragraphs of the parent Rules (10-15(a), 10-15(b), 8-200(2))"],"plain_english_summary":"This determination tells large multinationals (annual revenue €750m+) which foreign taxes Australia will recognise as “qualified” under its implementation of the OECD GloBE global minimum tax (IIR and QDMTT), and from which dates. It effectively lists approved jurisdictions and start dates so companies know which foreign taxes can be credited for Australia’s top‑up calculations, helping prevent double taxation while enforcing a 15% minimum."},"flash_summary":{"complexity_score":4,"scope_assessment":{"changed":false,"description":"This determination does not amend the substantive scope of the GloBE Rules. It operationalises the Rules by specifying which jurisdictions' IIRs and Domestic Minimum Top-up Taxes are \"Qualified\" and the fiscal years when that qualification begins, and by declaring which QDMTTs have Safe Harbour status (see sections 5–7). It therefore implements the Rules' coverage rather than expanding or narrowing the underlying Rules themselves."},"complexity_factors":["Relies on external instrument: the Rules (Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024) for core definitions and operation (see section 3 and section 4).","Multiple cross-references to international standard terms (e.g. Article 10.1 GloBE definition referenced in section 4), requiring OECD/GloBE text to interpret certain phrases.","Several parallel tables (sections 5–7) listing jurisdictions with differing start dates — administrative complexity for groups with multiple fiscal year conventions.","Legal distinctions set out across provisions: Qualified IIRs (s 5), Qualified Domestic Minimum Top-up Tax (s 6) and QDMTT Safe Harbour status (s 7) — similar labels with different legal consequences.","Commencement mechanism (s 2) and note about legislative interaction add procedural technicalities when applying the effective dates.","Operational impact on compliance and reporting: taxpayers must map jurisdictional taxes and fiscal years to the instrument’s entries to determine recognition under the Rules."],"plain_english_summary":"This instrument names which jurisdiction-level Income Inclusion Rules (IIRs) and Domestic Minimum Top-up Taxes count as \"Qualified GloBE Taxes\" under Australia’s Multinational—Global and Domestic Minimum Tax Rules 2024, and gives the fiscal year each qualification starts. It affects multinational groups, their advisors and tax administrations because it determines when a foreign or domestic minimum tax will be recognised for Australia’s GloBE calculations. It also lists jurisdictions whose Domestic Minimum Top-up Tax meets a QDMTT \"safe harbour\" under the Rules."},"flash_summary_failed":{"failed":true,"reason":"Unauthenticated. Configure AI_GATEWAY_API_KEY or use a provider module. Learn more: https://ai-sdk.dev/unauthenticated-ai-gateway","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025","history":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025/history","analysis":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025/analysis","conflicts":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025/conflicts","importantCases":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025/important-cases","documents":"/api/acts/taxation-multinational-global-and-domestic-minimum-tax-qualified-globe-taxes-determination-2025/documents"}}