Document ID: chunk:federal_register_of_legislation:C2025C00029:section:2:p9
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 2 (pt 9/11)
Character Range: 7019075–7021836

You must give the statement within 12 months after the end of the period to which it relates.
Note: Section 388‑55 in Schedule 1 to the Taxation Administration Act 1953 allows the Commissioner to defer the time for giving the statement.
 (3) The statements are to be of the following kinds:
 (a) a statement relating to the global operations and activities, and the pricing policies relevant to transfer pricing, of:
 (i) you; and
 (ii) if you are a *member of a *CBC reporting group during the income year—the other members of that group;
 (b) a statement relating to your operations, activities, dealings and transactions;
 (c) a statement relating to the allocation between countries of the income and activities of, and taxes paid by:
 (i) you; and
 (ii) if subparagraph (a)(ii) applies—the other members of that group.
Note: These statements correspond to the following in Annexes I, II and III to Chapter V set out in the Guidance on Transfer Pricing Documentation and Country‑by‑country Reporting of the Organisation for Economic Cooperation and Development and the G20:
(a) a statement under paragraph (a) corresponds to the master file (see Annexe I);
(b) a statement under paragraph (b) corresponds to the local file (see Annexe II);
(c) a statement under paragraph (c) corresponds to the country‑by‑country report (see Annexe III).

815‑360  Replacement reporting periods
 (1) The Commissioner may, by notice in writing, allow you to give all statements, or specified kinds of statements, under section 815‑355 in relation to a 12 month period other than an income year.
 (2) A notice under subsection (1) is not a legislative instrument.

815‑365  Exemptions

Exemptions for particular entities
 (1) The Commissioner may, by notice in writing, exempt an entity from:
 (a) giving statements under section 815‑355; or
 (b) giving statements of a particular kind under that section.
 (2) A notice under subsection (1) is not a legislative instrument.

General exemptions
 (3) The Commissioner may, by legislative instrument, determine that section 815‑355 does not apply to a specified class of entity.

815‑370  Meaning of country by country reporting entity (or CBC reporting entity)
  An entity is a country by country reporting entity (or CBC reporting entity) for a period if:
 (a) the entity is a *CBC reporting parent for the period; or
 (b) the entity is a *member of a *CBC reporting group during the period and another member of that group is a CBC reporting parent for the period.

815‑375  Meaning of country by country reporting parent (or CBC reporting parent)
 (1) An entity is a country by country reporting parent (or CBC reporting parent) for a period if:
 (a) the entity is not an individual; and
 (b) if the entity is a *member of a