Section 17
Subsection 17(6)
Administrative Policy
3 December 2024 CTF Roundtable Q. 11, 2024-1038241C6 - Global Minimum Tax Act – Interpretation and Application of OECD Agreed Administrative Guidance
CRA indicated that as new OECD administrative guidance is released, the DST and Global Tax Section of CRA will consult with the Department of...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Other Legislation/Constitution - Federal - Global Minimum Tax Act - Section 3 - Subsection 3(1) | CRA will consult with Finance re potential amendments to catch up to OECD guidance in administering the GMTA | 213 |
Section 3
Subsection 3(1)
Administrative Policy
3 December 2024 CTF Roundtable Q. 11, 2024-1038241C6 - Global Minimum Tax Act – Interpretation and Application of OECD Agreed Administrative Guidance
How will the Global Minimum Tax Act (GMTA) be administered in circumstances where its enacted state does not reflect changes to the GloBE Model...
| Locations of other summaries | Wordcount | |
|---|---|---|
| Tax Topics - Other Legislation/Constitution - Federal - Global Minimum Tax Act - Section 17 - Subsection 17(6) | CRA will administer s. 17(6) to push down taxes paid by indirect owner of reverse hybrid CE on income of the CE allocated to it, to the CE | 311 |