OP 11BAConsolidated ICA payment of multinational top-up tax

1. A consolidated imputation group has an imputation credit for an amount of multinational top-up tax paid under section HP 1 (Liability for multinational top-up tax) to the extent to which it was payable because of the application of the modifications to Article 2.1 of the global anti-base erosion model rules set out in schedule 25B, item 1B (Items modifying global anti-base erosion model rules).

2. The imputation credit in subsection (1) is referred to in table O19: imputation credits of consolidated imputation groups, row 6BA (multinational top-up tax paid for group tax liability).

3. The credit date is the day the multinational top-up tax is paid.