Global Minimum Tax Act, 2024 (Act No. 46 of 2024)

Part V : Imposition of and liability for top-up tax

Purchase

(1)	Any Domestic Constituent Entity, Domestic Joint Venture or Domestic Joint Venture Subsidiary is—

(a)	a taxpayer for the purposes of this Act; and

(b)	liable to pay the Top-up Tax as set out in Parts II, III and IV in respect of the relevant Fiscal Year.

(2)	The Top-up Tax must be paid at the time and in the manner set out in the Global Minimum Tax Administration Act.