§ 32 — Registration of MNE group by Comptroller

32.—(1) This section applies where there are reasonable grounds for believing that an MNE group is one that must be registered under this Part by virtue of section 31, but has yet to be registered.(2) The Comptroller may register the MNE group.

(3) Upon the registration of the MNE group, the Comptroller must notify the ultimate parent entity, all constituent entities of the MNE group located in Singapore, all joint ventures and JV subsidiaries located in Singapore and connected to the MNE group, all excluded entities of the MNE group located in Singapore and all section 29(b) entities of the MNE group, that are known to the Comptroller, of all of the following: (a)

the fact and effective date of the registration;

(b)

the due dates for the filing of the GloBE information return in section 40 (if not filed with a competent authority in a jurisdiction outside Singapore pursuant to a qualifying competent authority agreement) and the filing of the returns in section 41 or 43, as applicable.

—(1) This section applies where there are reasonable grounds for believing that an MNE group is one that must be registered under this Part by virtue of section 31, but has yet to be registered.

(2) The Comptroller may register the MNE group.

(3) Upon the registration of the MNE group, the Comptroller must notify the ultimate parent entity, all constituent entities of the MNE group located in Singapore, all joint ventures and JV subsidiaries located in Singapore and connected to the MNE group, all excluded entities of the MNE group located in Singapore and all section 29(b) entities of the MNE group, that are known to the Comptroller, of all of the following: (a)

the fact and effective date of the registration;

(b)

the due dates for the filing of the GloBE information return in section 40 (if not filed with a competent authority in a jurisdiction outside Singapore pursuant to a qualifying competent authority agreement) and the filing of the returns in section 41 or 43, as applicable.