Singapore legislation
Clause 28
Clause 28
DTT 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.