The following entities shall subject to tax:

1. Any entity in the state that is a member of a group of multinational entities, whether it is an ultimate parent entity or a participating entity.

2. Any joint venture or its subsidiary in the state, when any of the following two conditions are met:

   1. If the joint venture is at least 50% owned by an ultimate parent entity of a multinational entities group whose revenues from outside the joint venture have reached or exceeded the revenue threshold.

   2. If the total revenues of the joint venture and its subsidiaries have reached or exceeded the revenue threshold.

The joint venture is considered an ultimate parent entity, and its subsidiaries are considered participating entities.

3- A stateless entity that is not subject to any state or jurisdiction and conducts business in the state. The executive regulations specify the conditions and controls related to the application of the provisions of this Article.