https://www.taxtmi.com/article/detailed?id=11555 Article 6.1 supplements the four year consolidated revenue test by deeming pre transaction revenues to count where Groups merge, where single Entities and Groups combine through acquisition, and where an in scope MNE Group demerges. Pre merger or pre acquisition revenues are aggregated for each Fiscal Year to assess the revenue threshold; differing fiscal periods are aligned by combining fiscal years that end within the Group's fiscal year. Demerged Groups meet the threshold if they have qualifying annual revenues in the first tested post demerger year, and for years two to four based on revenues in at least two post demerger years. en-us Fri, 30 Jun 2023 09:44:30 +0530 Fri, 30 Jun 2023 09:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11555 Article 6.1 supplements the four year consolidated revenue test by deeming pre transaction revenues to count where Groups merge, where single Entities and Groups combine through acquisition, and where an in scope MNE Group demerges. Pre merger or pre acquisition revenues are aggregated for each Fiscal Year to assess the revenue threshold; differing fiscal periods are aligned by combining fiscal years that end within the Group's fiscal year. Demerged Groups meet the threshold if they have qualifying annual revenues in the first tested post demerger year, and for years two to four based on revenues in at least two post demerger years. Articles Income Tax Fri, 30 Jun 2023 09:44:30 +0530 https://www.taxtmi.com/article/detailed?id=11555