Recent Developments in Transfer Pricing and the Taxation of Multinational Companies in Australia

Jones Day
Contact

As part of a wide-ranging crackdown on multinational tax avoidance, the Australian Federal Government and the Australian Tax Office have introduced significant reforms to the country’s transfer pricing regulations. The Treasury Laws (Combating Multinational Tax Avoidance) Act 2017 (Cth) introduces specific measures which are part of a continuing reform effort directed at the transfer pricing regime. This Jones Day White Paper provides an overview of Australia’s transfer pricing laws, reviews recent key developments, and devotes considerable attention to defining and explaining the newly enacted Diverted Profits Tax.

In Brief—Corporate Tax Reforms -

1. The past 12 months have seen the introduction of significant legislative reform in respect of "tax avoidance". The focus has been on transfer pricing arrangements between related members of multinational corporate groups...

Please see full White Paper below for more information.

LOADING PDF: If there are any problems, click here to download the file.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Jones Day | Attorney Advertising

Written by:

Jones Day
Contact
more
less

Jones Day on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.