The Australian Taxation Office (ATO) has issued notice on a lodgment deferral for the Local file, Master file, and Country-by-Country (CbC) report for the year ended 31 December 2020.
CBC reporting lodgment deferral for December balancers
Due to the year-end holidays and the ongoing impacts from COVID-19, we are providing a lodgment deferral for Country-by-Country reporting entities (CBCRE) that have a Country-by-Country (CBC) reporting obligation due by 31 December 2021.
If you are a December balancer you will now have until 4 February 2022 to lodge your CBC reporting statements, including:
- Local file
- Master file
- CBC report
Lodgments can only be made electronically via:
- Online services for business or Online services for agents using the file transfer facility; or
- by SBR using SBR-enabled software.
Lodgments via email will not be accepted.
This is a lodgment deferral only and does not change the due date for payment. Statements not lodged by 4 February 2022 may be subject to penalties.
If you have any questions about meeting your CBC reporting obligations, you can contact us via CBC reporting team.