Skip to content
laws.sgby aturio
Back to the text

Multinational Enterprise (Minimum Tax) Act 2024 · s 66

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?

The text as we hold it

Open the official text

s 66Failure to file GloBE information return and notice

Any person who fails or neglects without reasonable excuse to comply with section 40(1) or (3) shall be guilty of an offence and shall be liable on conviction to —

(a)

a fine not exceeding $5,000 and in default of payment to imprisonment for a term not exceeding 6 months; and

(b)

in the case of a continuing offence, to a further fine of $100 for every day during which the offence is continued after such conviction.