Revenue Allocation Keys and QDMTT Quiz

Deduction allowed for R&D expenses of MNEs

Additional tax imposed on multinational enterprises (MNEs) (correct)

Exemption granted to MNEs for excess profits earned

Tax credit given to MNEs for foreign taxes paid

To calculate the jurisdictional top-up tax

To determine the effective tax rate for MNEs

To exclude substance-based income for MNEs

To determine taxable income on a jurisdictional basis (correct)

By adding the substance-based income exclusion to GloBE income

By deducting qualified domestic minimum top-up tax from top-up tax%

By subtracting substance-based income exclusion from GloBE income (correct)

By multiplying GloBE income with the jurisdictional effective tax rate

<p>The overall tax rate faced by MNEs in different jurisdictions</p> Signup and view all the answers

<p>Represents the difference between the minimum rate and ETR</p> Signup and view all the answers

<p>Income generated from intangible assets</p> Signup and view all the answers

<p>To prevent profit shifting by MNEs</p> Signup and view all the answers

<p>'Fair share' principle ensuring each country taxes its fair portion of MNE profits</p> Signup and view all the answers