royal_assent

Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024

Portfolio: Treasury

Introduced4 July 2024
Passed House22 August 2024
Passed Senate26 November 2024
Royal assent10 December 2024

In plain English

Australia applies a 15% minimum tax rate to big multinational companies operating here.

Source: Australian Parliament House bill record

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