On 27 November 2024, both houses of the Australian parliament approved the following bills for the implementation of the Pillar 2 global minimum tax: The Assessment Bill: Taxation (Multinational—Global and Domestic Minimum Tax) Bill 2024; and The Consequential Bill: Treasury Laws Amendment (Multinational— Global and Domestic Minimum Tax) (Consequential) Bill 2024. As previously reported, the Taxation (Multinational—Global and Domestic Minimum Tax) Imposition Bill 2024 was approved on 26 November by the Senate, following its approval by the House of Representatives in August 2024, which provides for the imposition of the Australian Domestic Minimum Tax (DMT) tax, Australian Income Inclusion Rule...