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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
6‑30 Historical carrying value of target6‑30 Historical carrying value of target’s assets and liabilities
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6‑30 Historical carrying value of target’s assets and liabilities
For the purposes of applying this instrument in relation to the acquiring MNE Group, in computing the GloBE Income or Loss and Adjusted Covered Taxes of the target in the transfer year and each later Fiscal Year, use the target’s historical carrying value of its assets and liabilities.