Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
7‑145 Taxable distribution method electi7‑145 Taxable distribution method election
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7‑145 Taxable distribution method election
(1) A Filing Constituent Entity for an MNE Group may make an election for the MNE Group under this subsection that applies to: (a) a specified Constituent Entity of the MNE Group that is an Investment Entity; and (b) a specified Constituent Entity‑owner of the Investment Entity that: (i) is not an Investment Entity; and (ii) if the Constituent Entity‑owner holds an Indirect Ownership Interest in the Investment Entity—holds the Indirect Ownership Interest through a chain of Investment Entities. (2) An election under subsection (1) is a Five‑Year Election.