3‑15 Adjustment—net taxes expense3‑15 Adjustment—net taxes expense

3‑15 Adjustment—net taxes expense

In computing a Constituent Entity’s GloBE Income or Loss for a Fiscal Year, adjust the Constituent Entity’s Financial Accounting Net Income or Loss for the Fiscal Year so as to reverse any debits or credits in the Constituent Entity’s Financial Accounting Net Income or Loss for the Fiscal Year in respect of the following: (a) Covered Taxes (including Covered Taxes on income that is excluded in computing the GloBE Income or Loss); (b) to the extent it is not included in paragraph (a), a deferred tax asset attributable to a loss for the Fiscal Year; (c) IIR; (d) Qualified Domestic Minimum Top‑up tax; (e) UTPR; (f) Disqualified Refundable Imputation Tax; (g) Tax paid or accrued by an insurance company in respect of returns to policyholders to the extent that 3‑205 applies in relation to those taxes.