Australia

Details

  • Service: Tax, Global Transfer Pricing Services
  • Type: Business and industry issue, Regulatory update
  • Date: 24/08/2012

Transfer Pricing Update

Transfer Pricing Update
KPMG's Transfer Pricing Update provides insights into the latest issues and developments in the transfer pricing sector.

New Australian Transfer Pricing Legislation 

In August 2012, Tax Laws Amendment (Cross-Border Transfer Pricing) Bill (No. 1) 2012 was passed by the Senate. A number of key aspects have been controversial, and it is likely it will create uncertainty in the application of transfer pricing rules in Australia.
New Australian Transfer Pricing Legislation cover
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In this update, KPMG’s Global Transfer Pricing Services group highlights the key risk areas and practical implications of the change, and provides insight as to how you may address the uncertainty.

 

For further information please speak with your KPMG adviser or one of the Global Transfer Pricing Services (GTPS) professionals listed in our brief.

 

Tax

Tax services
Our Tax Team assists with corporate tax, transfer pricing, indirect tax, international executive services, R&D incentives, superannuation and more.

Global Transfer Pricing Services

Our international Global Transfer Pricing Services team can help generate tax efficiencies and reduce the risk of challenges from revenue authorities.