Australian Transfer Pricing Alert:

Australian Transfer Pricing Alert - Diverted Profits Tax bill now in parliament

14 February 2017

Zara Ritchie , Global Leader, Transfer Pricing |

It’s finally here – on 9 February 2017, the Federal Treasurer introduced into Parliament the legislation for the Diverted Profits Tax (DPT), with a proposed start date of 1 July 2017 – the Treasury Laws Amendment (Combating Multinational Tax Avoidance) Bill 2017 (CMTA Bill) and Diverted Profits Tax Bill 2017 (which imposes the 40 per cent DPT rate).