№ lp_1_2_38447
Defines requirements for identifying entities as Significant Global Entities and outlines the obligations, exemptions, and compliance rules for CbC reporting and GPFS under Australian tax law.
Year: From 1 July 2019
Jurisdiction: Australia
Document type: Guidance/Information Letter
Legal reference: Income Tax Assessment Act 1997 (ITAA 1997), Subdivisions 960-U, 815-E
Subject: Significant Global Entity (SGE), Country-by-Country (CbC) Reporting
Target audience: Corporations, trusts, partnerships, and individuals qualifying as SGEs
Obligations: CbC reporting lodgement, General Purchase Financial Statement (GPFS) lodgement, administrative penalties
Exemptions: Administrative relief, fast-track exemption, exemption on formal request
Price: 8 / 10 USD
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