Multiple Choice
Moogle Inc is incorporated in the USA and has a permanent establishment in Australia. The global income of Moogle Inc is $800 million. Do Australia's new multinational anti-avoidance rules apply to Moogle Inc?
A) Yes as Moogle Inc is a multinational firm with a permanent establishment in Australia
B) Yes as Moogle Inc is a significant global entity
C) No as Moogle Inc is not regarded as a significant global entity as its global income is below $1 billion
D) No as Moogle Inc is incorporated in the USA
Correct Answer:
Verified
Correct Answer:
Verified
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