• Insights

Displaying 10 - 18 of 26
1 2  3
15 January 2018

On 18 December 2017, the Australian Taxation Office (ATO) published documents providing guidance on the application of Diverted Profits Tax (DPT).

/en-au/insights/tax/transfer-pricing-alert/diverted-profits-tax-more-guidance
20 December 2017

The Diverted Profits Tax (DPT) legislation received Royal Assent on 4 April 2017, with Schedule 1 to the Treasury Laws Amendment (Combating Multinational Tax Avoidance) Act 2017 implementing the DPT and Diverted Profits Tax Act 2017.

/en-au/insights/tax/transfer-pricing-alert/ato-releases-trifecta-of-guidance
23 November 2017

On 23 November 2017 the ATO released a communication in relation to December balancers and the lodgement of Country-by-Country (“CbC”) reporting statements.

/en-au/insights/tax/transfer-pricing-alert/extension-of-time-to-lodge-country-by-country-reporting-statements
25 October 2017

In October 2017, the Australian Taxation Office (“ATO”) published a document called “Tax and Corporate Australia” where it estimates a $2.5 billion tax gap amongst the top 1,400 large corporate groups in Australia in 2015.

/en-au/insights/tax/transfer-pricing-alert/ato-tax-gap-and-transparency-cbc-reporting
24 October 2017

Significant global entities are now required to lodge general purpose financial statements (GPFS) to the Australian Taxation Office (ATO) with their tax return.

/en-au/insights/tax/transfer-pricing-alert/guidance-on-the-provision-of-general-purpose-financial-statements
23 May 2017

In April 2017, the Full Federal Court ruled against Chevron Australia Holdings Pty Ltd (Chevron Australia) in favour of the Australian Taxation Office (ATO) on appeal in relation to the transfer prices on intragroup funding between the overseas related party (the lender) and the recipient of...

/en-au/insights/tax/transfer-pricing-alert/what-bearing-does-the-chevron-decision-have-on-aus
23 May 2017

Possibly encouraged by the Chevron Australia decision, on 16 May 2017 the ATO issued a draft Practical Compliance Guidance PCG 2017/D4 (PCG) outlining the risk assessment framework for cross border related party financing arrangements.

/en-au/insights/tax/transfer-pricing-alert/cross-border-related-party-financing-arrangements
05 April 2017

The Federal Parliament has passed legislation to implement the Diverted Profits Tax and to introduce a new penalty regime for Significant Global Entities (SGEs). These measures increase the tax and transfer pricing compliance risk for multinational companies (MNEs) in Australia who are SGEs and...

/en-au/insights/tax/transfer-pricing-alert/australian-diverted-profits-tax-penalties-bill
Displaying 11 - 20 of 26
1 2 3