OrbitaxAustralian Pillar 2 Global Minimum Tax Legislation Introduced in Parliament
|Proposed Changes|Australia
Australian Treasurer Jim Chalmers has announced the introduction of legislation in parliament for the implementation of the Pillar 2 global minimum tax, including the:
- Imposition Bill: Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024;
- Assessment Bill: Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024; and
- Consequential Bill: Treasury Laws Amendment (Multinational— Global and Domestic Minimum Tax) (Consequential) Bill 2024.
The Imposition Bi…