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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
7‑40 Deemed distribution tax election7‑40 Deemed distribution tax election
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7‑40 Deemed distribution tax 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 jurisdiction that has an Eligible Distribution Tax System; and (b) each Constituent Entity of the MNE Group that is located in the jurisdiction. (2) An election under subsection (1) is an Annual Election.