Document ID: chunk:federal_register_of_legislation:C2024A00134:clause:1_35:p7
Version: federal_register_of_legislation:C2024A00134
Segment Type: clause
Provision Reference: sch 1 cl 35 (pt 7/10)
Character Range: 35197–37965

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.
 (6) However, subsection (5) does not apply to the reporting Entities if any reporting Entity appoints more than one *Designated Local Entity under paragraph (4)(a) for the Fiscal Year.
Note: In these circumstances, section 127‑50 may still apply.

Other provisions

127‑60  When returns must be given
 (1) A *GloBE Information Return, *Australian IIR/UTPR tax return or *Australian DMT tax return for a *Fiscal Year must be given to the Commissioner no later than 15 months after the end of the Fiscal Year.
 (2) However:
 (a) if the *Fiscal Year is the relevant *Applicable MNE Group's *GloBE Transition Year, the *GloBE Information Return, *Australian IIR/UTPR tax return or *Australian DMT tax return must be given to the Commissioner no later than 18 months after the end of the Fiscal Year; and
 (b) a GloBE Information Return that a *Group Entity is required to give to the Commissioner under subsection 127‑20(5) must be given no later than the later of:
 (i) the day by which the Group Entity would, apart from section 127‑20, be required to give the GloBE Information Return to the Commissioner under section 127‑5; and
 (ii) 21 days after the Commissioner gives the request under subsection 127‑20(4) to the Group Entity.
 (3) Section 388‑55 (Commissioner may defer time for lodgment) does not apply to the requirement to give a *GloBE Information Return or a notice under paragraph 127‑20(2)(b).

127‑65  GloBE Main Entities and GloBE Permanent Establishments
 (1) This section applies if a *Group Entity of an *Applicable MNE Group for a *Fiscal year is a *GloBE Main Entity in respect of a *GloBE Permanent Establishment.
 (2) This Subdivision:
 (a) applies to the *Group Entity in its own capacity; and
 (b) also applies to the Group Entity in its capacity as the *GloBE Main Entity in respect of the *GloBE Permanent *Establishment.
 (3) If the *Group Entity is not *GloBE located in Australia and the *GloBE Permanent *Establishment is GloBE located in Australia, sections 127‑5 to 127‑30 apply in relation to the Group Entity in the same way that they apply in relation to a Group Entity that is GloBE located in Australia.

Subdivision 127‑B—When taxes are due and payable etc.

Table of sections

Operative provisions
127‑70 When Australian IIR/UTPR tax and Australian DMT tax and related charges are due and payable
127‑75 Assessments of Australian IIR/UTPR tax and Australian DMT tax

Operative provisions

127‑70  When Australian IIR/UTPR tax and Australian DMT tax and related charges are due and payable

Original assessments
 (1) If a *Group Entity of an *Applicable MNE Group is