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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
2‑60 Allocation of Total UTPR Top‑Up Tax2‑60 Allocation of Total UTPR Top‑Up Tax Amount to Australia
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2‑60 Allocation of Total UTPR Top‑Up Tax Amount to Australia
(1) 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) 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.