Became law
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
What does this bill do, 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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