Published on 09 Oct 09
by VICTORIAN DIVISION, THE TAX INSTITUTE
Taxpayers and the revenue authorities are grappling with how to translate transfer pricing theory into a workable approach. This presentation covers:
- the challenges of making adjustments to target a profit result
- navigating the ATO and OECD views on business restructuring where not just pricing but decision making may be open to review
- opportunities under the ATOs renewed APA program
- dealing with current ATO compliance activities.
Keir Cornish is A/g Assistant Commissioner of the Foreign Investment Program, which provides advice to Treasury on the tax issues arising from foreign investment proposals and administers foreign investment in residential property. Keir also manages Federal registers of foreign investment in agricultural land and water entitlements, and is the business lead for the new expanded register of foreign ownership of Australian assets. Keir joined the ATO in in 2018 and has worked on a range of projects including the Inbound Supply Chain PCG, and the APA program as Competent Authority. Prior to joining the ATO, Keir worked as a tax advisor specialising in transfer pricing.
- Current at
30 July 2021