royal_assent
Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024
Portfolio: Treasury
Introduced4 July 2024
Passed House27 November 2024
Passed Senate26 November 2024
Royal assent10 December 2024
In plain English
Australia sets a minimum tax rate of 15% on big multinational companies and some large local firms.
Source: Australian Parliament House bill record
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