Taxes Consolidation Act 1997 section 111AAY

Interest on overdue amounts

Section 111AAY provides for the charging of interest on GloBE tax that remains unpaid after its due date, sets out the formula for calculating that interest, and applies the general interest provisions of section 1080 to GloBE tax.

Access full legislation.And much more.

By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.