Multinational Enterprise (Minimum Tax) Act 2024 · s 28

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—(1) DTT is payable in respect of an MNE group for a financial year where —(a)the MNE group is one to which this Act applies for that financial year;(b)at least one of its constituent entities is located in Singapore or is a section 29(b) entity; and (c)the MNE group has a top‑up amount for that financial year.(2) The DTT payable in respect of an MNE group for a financial year is the top‑up amount for the MNE group for that financial year.(3) In this Part, a joint venture or a JV subsidiary located in Singapore is treated as a constituent entity of an MNE group located in Singapore if it is connected to the MNE group.
DTT is payable in respect of an MNE group for a financial year where —(a)the MNE group is one to which this Act applies for that financial year;(b)at least one of its constituent entities is located in Singapore or is a section 29(b) entity; and (c)the MNE group has a top‑up amount for that financial year.
The DTT payable in respect of an MNE group for a financial year is the top‑up amount for the MNE group for that financial year.
In this Part, a joint venture or a JV subsidiary located in Singapore is treated as a constituent entity of an MNE group located in Singapore if it is connected to the MNE group.

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s 28DTT payable in respect of MNE group and amount of DTT

(1)

DTT is payable in respect of an MNE group for a financial year where —

(a)

the MNE group is one to which this Act applies for that financial year;

(b)

at least one of its constituent entities is located in Singapore or is a section 29(b) entity; and (c)the MNE group has a top‑up amount for that financial year.

(2)

The DTT payable in respect of an MNE group for a financial year is the top‑up amount for the MNE group for that financial year.

(3)

In this Part, a joint venture or a JV subsidiary located in Singapore is treated as a constituent entity of an MNE group located in Singapore if it is connected to the MNE group.