Taxation Administration Act 1953

For the purposes of paragraph 127‑20(2)(b), the notice mentioned in that paragraph:

must be given to the Commissioner no later than the time specified in section 127‑60 in relation to the *Fiscal Year; and

must state:

the identity of the *GloBE Ultimate Parent Entity or *Designated Filing Entity that gives the *GloBE Information Return to the *foreign government agency; and

the jurisdiction in which that GloBE Ultimate Parent Entity or Designated Filing Entity is *GloBE located; and

must be in the *approved form; and

must be *lodged electronically.

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.

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.