ATAF Suggested Approach to Drafting Domestic Minimum Top-Up Tax Legislation

ATAF Suggested Approach to Drafting Domestic Minimum Top-Up Tax Legislation

As discussions continue in the Inclusive Framework, including the development of further administrative simplifications, additional provisions may be added to this Suggested Approach. This is likely to include safe harbours that will reduce the compliance burdens for both tax administrations and taxpayers in applying the rules. These changes are anticipated to take place in early 2023, and the Suggested Approach will be updated in light of those safe harbours and other administrative provisions as needed.

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