Part 3 Registration
Finance (No 2) Act 2023 (2023 c 30) | Legislation

Part 3 Registration

6

(1)     The filing member of a multinational group must register with HMRC if the group becomes a qualifying multinational group.

[(1A)     The reference to a multinational group in sub-paragraph (1) does not include a group exclusively comprised of excluded entities (who are only regarded as members of the group for certain purposes in accordance with section 127(2)).]

(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 dayâ€).

(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

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