Prohibition or Restriction of Certain Conventional Weapons Act, 2008
R 385
Global Minimum Tax Act, 2024 (Act No. 46 of 2024)Part II : Application of GloBE Model Rules2. Application of GloBE Model Rules |
For purposes of this Act, the GloBE Model Rules apply for a Fiscal Year on the basis of the—
| (a) | GLoBE Model Rules as amended and released before the start of the Fiscal Year; |
| (b) | Commentary to the GloBE Model Rules released before the start of the Fiscal Year; |
| (c) | Administrative Guidance to the GloBE Model Rules released before the start of the Fiscal Year: Provided that paragraph (cA) of the definition of "Administrative Guidance to the GLoBE Model Rules" will apply for fiscal years commencing on or after 1 January 2024; and |
| (d) | Safe Harbours released before the start of the Fiscal Year. |
[Section 2 substituted by section 64(1) of the Taxation Laws Amendment Act, 2026, Notice No. 7344, GG54448, dated 1 April 2026 - deemed to have come into operation on 1 January 2024 (section 64(2))]
