Schedules
Schedule 14Administration of multinational top-up tax
Part 3Registration
6
1
The filing member of a multinational group must register with HMRC if the group becomes a qualifying multinational group.
2
For the purposes of sub-paragraph (1), a multinational group becomes a qualifying multinational group on the first day of the first accounting period it is a qualifying multinational group (the “trigger day”
).
3
A filing member registers with HMRC by providing specified information to HMRC.
4
The specified information is—
a
the name of the filing member;
b
the name of the ultimate parent (if different to the filing member);
c
the date of the trigger day;
d
the date on which the accounting period in which the trigger day occurs will end or has ended;
e
any other information that may be specified in a notice published by HMRC.
5
The information must be provided in the way specified in a notice published by HMRC.
6
The information must be provided by the end of the period of six months beginning with the day after the accounting period in which the trigger day occurs ends.
7
In this Schedule, a “registered group” means a multinational group that is registered under this paragraph.
8
A multinational group is registered under this paragraph if—
a
the filing member of the group has registered under this paragraph, and
b
a notice of de-registration is not in force in relation to the registration (see paragraph 7).
9
Paragraphs 8 and 9 provide further notification requirements in relation to a registered group.
7
1
This paragraph applies where the filing member of a multinational group has registered under paragraph 6.
2
An officer of Revenue and Customs may issue the filing member with a notice of de-registration in relation to the registration.
3
The effect of an officer issuing a notice of de-registration is that, beginning with the effective date, the registration to which the notice relates is not to be treated as a registration under paragraph 6.
4
“The effective date” is a date specified in or determined by reference to the notice as the date on which the notice takes effect.
5
But a notice of de-registration does not affect the validity of a registration for the purposes of any obligation arising before the effective date.
6
An officer or Revenue and Customs may issue a notice of de-registration only if—
a
the filing member has applied for such a notice, and
b
it appears to the officer that the group will not be a qualifying multinational group for any accounting period beginning with the period in which the effective date falls.
8
1
This paragraph applies where the filing member of a registered group changes.
2
The new filing member must notify HMRC of the change before the end of the period of 6 months beginning with the day the change occurs.
3
4
The notification must be given in the way specified in a notice published by HMRC.
9
1
The filing member of a registered group must notify HMRC of any other change to the information provided under paragraph 6.
2
The notification must be given before the end of the period of 6 months beginning with the day on which the change occurs.
3
4
The notification must be given in the way specified in a notice published by HMRC.