Document ID: chunk:federal_register_of_legislation:C2024A00132:section:41
Version: federal_register_of_legislation:C2024A00132
Segment Type: section
Provision Reference: s 41
Character Range: 50147–50704

41  Location of an Entity that is a Flow‑through Entity
 (1) This section applies to an Entity if it is a Flow‑through Entity.
 (2) For the purposes of this Act, the Entity is located in the jurisdiction in which the Entity was created if:
 (a) the Entity is an Ultimate Parent Entity; or
 (b) the Entity is required to apply a Qualified IIR.
 (3) For the purposes of this Act, if:
 (a) subsection (2) does not apply to the Entity; and
 (b) the Entity is a Constituent Entity of an MNE Group;
the Entity is a Stateless Constituent Entity of the MNE Group.