Document ID: chunk:federal_register_of_legislation:F2024L01740:reg:10
Version: federal_register_of_legislation:F2024L01740
Segment Type: reg
Provision Reference: reg 10
Character Range: 349590–350212

10                                                 2032                           5.8%

9‑35  Transitional relief for Tangible Asset Carve‑out Amount
  For the purposes of working out the Tangible Asset Carve‑out Amount for a Constituent Entity of an MNE Group located in a jurisdiction, for a Fiscal Year, under section 5‑65, treat the reference to 5% in paragraph 5‑65(1)(c) as a reference to the percentage specified in the following table:

Tangible Asset Carve‑out Amount transitional percentages
Item                                                      If the Fiscal Year begins in:  the percentage specified is: