2023 · Q58
‘Quantified Domestic Minimum Top-up Tax’ is generally talked about in the context of:
Indian EconomyFiscal policy and budget
- AGlobal Anti-Base Erosion Rules
- BPrevention of Money Laundering
- CRegulation of Crypto-currency
- DVirtual Digital Asset Transactions
Explanation
The Quantified Domestic Minimum Top-up Tax (QDMTT) is part of the OECD's Pillar Two Global Anti-Base Erosion (GloBE) rules, which ensure large multinational groups pay a minimum effective tax rate of 15% in each jurisdiction. It has nothing to do with money laundering, crypto regulation or virtual digital assets. Hence (a).