Document ID: chunk:federal_register_of_legislation:C2024A00134:clause:1_35:p4
Version: federal_register_of_legislation:C2024A00134
Segment Type: clause
Provision Reference: sch 1 cl 35 (pt 4/10)
Character Range: 27712–30547

that time has passed, but the GloBE Information Return has not been given to the Commissioner under the Qualifying Competent Authority Agreement;
the Commissioner may, by written notice given to the Group Entity, request the Group Entity to give to the Commissioner a GloBE Information Return in respect of the Applicable MNE Group for the Fiscal Year in accordance with subsection 127‑5(2).
 (5) The *Group Entity must comply with the request in accordance with subsection (6).
 (6) The *GloBE Information Return given under subsection (5) must be *lodged electronically.

127‑25  Meaning of Designated Filing Entity
A Designated Filing Entity, in relation to a *GloBE Information Return in respect of an *Applicable MNE Group for a *Fiscal Year, is a *Group Entity of the Applicable MNE Group that has been appointed by the Applicable MNE Group to file the GloBE Information Return on behalf of the Applicable MNE Group.

127‑30  GloBE Information Returns given to foreign government agencies—notification requirement
 (1) For the purposes of paragraph 127‑20(2)(b), the notice mentioned in that paragraph:
 (a) must be given to the Commissioner no later than the time specified in section 127‑60 in relation to the *Fiscal Year; and
 (b) must state:
 (i) the identity of the *GloBE Ultimate Parent Entity or *Designated Filing Entity that gives the *GloBE Information Return to the *foreign government agency; and
 (ii) the jurisdiction in which that GloBE Ultimate Parent Entity or Designated Filing Entity is *GloBE located; and
 (c) must be in the *approved form; and
 (d) must be *lodged electronically.
 (2) Subsection (3) applies if a *Designated Local Entity of the *Applicable MNE Group gives the notice mentioned in subsection (1) in accordance with that subsection.
 (3) Each other *Group Entity of the *Applicable MNE Group that is *GloBE located in Australia for the *Fiscal year is taken to give the notice to the Commissioner at the time the *Designated Local Entity gives the notice to the Commissioner.

Australian IIR/UTPR tax returns

127‑35  Australian IIR/UTPR tax returns
 (1) The purpose of this section is to provide, for the purposes of administering the *Australian IIR/UTPR tax, for a return that supplements the *GloBE Information Return.
 (2) Subject to subsection (4), a *Group Entity of an *Applicable MNE Group for a *Fiscal Year must give the Commissioner a return under this subsection (an Australian IIR/UTPR tax return) for the Fiscal Year if the Group Entity has an *Australian IIR/UTPR tax amount for the Fiscal Year (including a nil amount).
 (3) The return must:
 (a) be *lodged electronically; and
 (b) be in the *approved form.
 (4) However, the return need not be lodged in circumstances set out in a determination under subsection (5).
 (5) The Commissioner may, by legislative instrument,