Significant global entities (SGEs) are responsible for understanding their reporting obligations and lodging their approved forms on time and without error.
It's important SGEs comply with their lodgment obligations as significant penalties may apply if they don't.
If there are circumstances that will impact the SGE's ability to lodge on time, we encourage you to contact us as soon as you become aware of this.
Any decision to remit penalties will depend on your facts and circumstances.
Our website has further information regarding penalties for SGEs.
It's important significant global entities meet their lodgment and reporting obligations to avoid substantial penalties.