https://www.taxtmi.com/article/detailed?id=11204 The Agreed Administrative Guidance supports consistent application of the GloBE Rules by clarifying conversion and annual rebasing of non Euro denominated thresholds using ECB or local central bank December average exchange rates and by providing administrative approaches to assist tax administrations. It also permits jurisdictional customization of a Qualifying Domestic Minimum Top Up Tax where variations that systemically increase incremental tax liability will not prevent qualification. en-us Tue, 14 Mar 2023 10:28:09 +0530 Tue, 14 Mar 2023 10:28:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11204 The Agreed Administrative Guidance supports consistent application of the GloBE Rules by clarifying conversion and annual rebasing of non Euro denominated thresholds using ECB or local central bank December average exchange rates and by providing administrative approaches to assist tax administrations. It also permits jurisdictional customization of a Qualifying Domestic Minimum Top Up Tax where variations that systemically increase incremental tax liability will not prevent qualification. Articles Other Topics Tue, 14 Mar 2023 10:28:09 +0530 https://www.taxtmi.com/article/detailed?id=11204