Read the following statements carefully:1.The income tax department proposed a change in the methodology for taxing multinational companies (MNCs).2.This includes digital firms, having permanent establishment in India by giving weightage to factors like domestic sales, employee strength, assets and user base.3.MNCs that are incurring global losses or a global profit margin of less than 2% will be deemed to have made a profit of 2%.Which of the following statements is/are correct?

• A. Only 1
• B. Only 1 and 2
• C. Only 1 and 3
• D. Only 2 and 3
• E. All are correct