Australian Transfer Pricing Rules: Time To Step Up

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With the Australian Taxation Office's (ATO) escalating focus on international profit shifting, it is essential for multinational taxpayers to properly understand the new Australian Transfer Pricing rules, assess the implications of these rules on their operations/transactions, what documentation they need to prepare and when, and what penalties may apply if the ATO disagrees with their approach.

This article provides a detailed summary of the Australian Transfer Pricing Rules and how they can apply to you.