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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
8‑160 Meeting the SC De minimis test8‑160 Meeting the SC De minimis test
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8‑160 Meeting the SC De minimis test
An MNE Group meets the SC De minimis test for a jurisdiction for a Fiscal Year if: (a) the MNE Group’s Average GloBE Revenue for the jurisdiction for the Fiscal Year, computed in accordance with this Division, is less than 10 million Euros; and (b) the MNE Group’s Average GloBE Income or Loss for the jurisdiction for the Fiscal Year, computed in accordance with this Division, is less than 1 million Euros.