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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
7‑90 Computing GloBE Income or Loss of I7‑90 Computing GloBE Income or Loss of Investment Entity
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7‑90 Computing GloBE Income or Loss of Investment Entity
For the purposes of this Part, in computing the GloBE Income or Loss of an Investment Entity, disregard that GloBE Income or Loss to the extent that the Investment Entity’s GloBE Income or Loss is attributable to interests that are subject to an election under Part 7‑5 or 7‑6.