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Australia: Proposed amendments to legislation implementing Pillar Two global minimum tax rules

The federal government proposed amendments to legislation implementing Pillar Two global minimum tax rules currently before parliament.

August 23, 2024

The federal government proposed amendments to legislation implementing Pillar Two global minimum tax rules currently before parliament. Read TaxNewsFlash

The amendments would provide that references to a group entity do not include “securitisation entities” (to be defined by the Pillar Two rules) for purposes of applying the top-up tax general joint and several liability provisions. 

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