INTERNATIONAL TAX PLAZA - Qualified domestic top-up tax

Details: Published: 16 February 2022

‘Qualified domestic top-up tax’ means a top-up tax that is implemented in the domestic law of a jurisdiction and that:

(a) provides for the determination of the excess profits of the constituent entities located in that jurisdiction in accordance with the rules laid down in this Directive and the application of the minimum tax rate to those excess profits for the jurisdiction and the constituent entities in accordance with the rules laid down in this Directive; and

(b) is implemented and administered in a way that is consistent with the rules laid down in this Directive and does not allow the jurisdiction to provide any benefits that are related to those rules.

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