Electricity Regulation Act, 2006
R 385.00
Global Minimum Tax Administration Tax Act, 2024 (Act No. 47 of 2024)4. Exception for returns provided under automatic exchange of information agreement |
| (1) | A Domestic Constituent Entity need not submit the GloBE Information Return under section 2 if the return has been submitted by— |
| (a) | the Ultimate Parent Entity located in a jurisdiction that has a Qualifying Competent Authority Agreement in effect with the Republic for the Reporting Fiscal Year; or |
| (b) | a Designated Filing Entity located in a jurisdiction that has a Qualifying Competent Authority Agreement in effect with the Republic for the Reporting Fiscal Year. |
| (2) | Where subsection (1) applies, the Domestic Constituent Entity must notify the Commissioner no later than six months prior to the due date of the GloBE Information Return under section 3 of the identity of the Entity that submits the GloBE Information Return and the jurisdiction in which it is located. |
