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Taxation (Multinational—Global and Domestic Minimum Tax) Rules 2024
8‑180 NMCE simplified calculations elect8‑180 NMCE simplified calculations election
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8‑180 NMCE simplified calculations election
(1) Subsection (2) applies if an election for an MNE Group under subsection 8‑155(3) applies in relation to a Fiscal Year and a jurisdiction. (2) A Filing Constituent Entity for the MNE Group may make an election for the MNE Group under this subsection that applies to a specified Constituent Entity of the MNE Group that is an NMCE for the Fiscal Year. (3) An election under subsection (2) is an Annual Election.