Multinational Enterprise (Minimum Tax) Act 2024 · s 67

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s 67Penalty for information in GloBE information return or notice known to be false or misleading

Any person who, in purported compliance with section 40(1) or (3), produces to the Comptroller any document which contains any information, or provides to the Comptroller any information, known to the person to be false or misleading in a material particular —

(a)

without indicating to the Comptroller that the information is false or misleading and the part that is false or misleading; and

(b)

without providing correct information to the Comptroller if the person is in possession of, or can reasonably acquire, the correct information,shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 or to imprisonment for a term not exceeding 2 years or to both.