Document ID: chunk:federal_register_of_legislation:C2025C00180:clause:1_3:p11
Version: federal_register_of_legislation:C2025C00180
Segment Type: clause
Provision Reference: sch 1 cl 3 (pt 11/16)
Character Range: 991668–994336

Fiscal Year is nil.
 (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, make a determination specifying circumstances in which a *Group Entity need not lodge a return under subsection (2).

127‑50  Australian DMT tax returns given by Designated Local Entities
 (1) This section applies if:
 (a) a *Designated Local Entity of an *Applicable MNE Group for a *Fiscal Year has been appointed, by each *Group Entity of the Applicable MNE Group that is required to give the Commissioner an *Australian DMT tax return for the Fiscal Year, to give an Australian DMT tax return for the Fiscal Year to the Commissioner on behalf of the Group Entity; and
 (b) the Designated Local Entity gives an Australian DMT tax return for the Fiscal Year to the Commissioner on behalf of those Group Entities in accordance with subsection 127‑45(3).
 (2) Each of those *Group Entities is taken to give the *Australian DMT tax return to the Commissioner at the time at which the *Designated Local Entity gives the Australian DMT tax return to the Commissioner.

127‑55  GloBE Joint Ventures and GloBE JV Subsidiaries
 (1) This section applies if, in relation to an *Applicable MNE Group, any of the following has an *Australian DMT tax amount for a Fiscal Year (including a nil amount):
 (a) a *GloBE Joint Venture of the Applicable MNE Group;
 (b) a *GloBE JV Subsidiary of a GloBE Joint Venture of the *Applicable MNE Group.
 (2) In addition to the application that they have under this subsection, sections 127‑45 and 127‑50 apply, for the Fiscal Year, in relation to the *GloBE Joint Venture or the *GloBE JV Subsidiary in the same way they apply in relation to a *Group Entity of an Applicable MNE Group.
 (3) For the purposes of subsection (2), treat:
 (a) the *GloBE Joint Venture and its *GloBE JV Subsidiaries as *Group Entities of a separate *Applicable MNE Group for the *Fiscal Year; and
 (b) the GloBE Joint Venture as the *GloBE Ultimate Parent Entity of that separate Applicable MNE Group.
 (4) Subsection (5) applies if:
 (a) a *Designated Local Entity of the *Applicable MNE Group mentioned in subsection (1) for a *Fiscal Year has been appointed, by each Entity mentioned in paragraphs (1)(a) and (b) that is required to give the Commissioner an *Australian DMT tax return for the Fiscal Year (each of which is a reporting Entity), to give an Australian DMT tax return for the Fiscal Year to the Commissioner on behalf of the reporting Entity; and
 (b) the Designated Local