Chapter 4 inserted by No 162 of 2001.

Part 4-5 inserted by No 162 of 2001.

Div 815 inserted by No 115 of 2012, s 3 and Sch 1 item 6, effective 8 September 2012.

Subdiv 815-E heading substituted by No 49 of 2020, s 3 and Sch 1 item 1, effective 1 July 2020. No 49 of 2020, s 3 and Sch 1 item 21 contains the following application provision:

21 Application  
(1)
The amendments made apply in relation to income years or other periods starting on or after 1 July 2019.

(2)
To avoid doubt, the amendments made apply for the purposes of working out whether an entity was a CBC reporting entity for a period as mentioned in paragraph 815-355(1)(a) of the Income Tax Assessment Act 1997 (as amended), even if that period started before 1 July 2019.

(3)
Subitem (4) applies if:

(a) an entity is a significant global entity for an income year or other period that starts:

(i) on or after 1 July 2019; and

(ii) before 1 July 2020; and

(b) disregarding the amendments made, the entity would not be a significant global entity for that income year or other period.

(4)
For the purposes of Divisions 284 and 286 in Schedule 1 to the Taxation Administration Act 1953 , treat the entity as not being a significant global entity for that income year or other period.

The heading formerly read:

Subdivision 815-E - Reporting obligations for significant global entities

Subdiv 815-E inserted by No 170 of 2015, s 3 and Sch 4 item 1, applicable in relation to income years starting on or after 1 January 2016.

S 815-350 amended by No 49 of 2020, s 3 and Sch 1 item 2, by substituting " CBC reporting entities " for " Significant global entities " , effective 1 July 2020. For application provision, see note under Subdiv 815-E heading.

S 815-350 inserted by No 170 of 2015, s 3 and Sch 4 item 1, applicable in relation to income years starting on or after 1 January 2016.