Published on 28 Aug 12
by VICTORIAN DIVISION, THE TAX INSTITUTE
This presentation gives an update on the proposed rewrite to Australia’s transfer pricing rules and covers the following:
- How will the retrospective and prospective changes impact your company? Will your policies need to be reviewed?
- What will the proposed changes mean for your company?
- What will transfer pricing 'best practice' look like under the proposed new transfer pricing regime?
- How does your company manage its transfer pricing risk?
- What do you need to do to prepare for a transfer pricing risk review or audit?
- Will this change as a result of the rewrite?
- What are the increased disclosure requirements in completing the new International Dealings Schedule (IDS)?
This presentation works through a case study to illustrate the differences between the former Schedule 25A and the IDS and how the new IDS may
impact your company’s compliance obligations.
Damian Preshaw is a transfer pricing specialist with more than 20 years' experience in transfer pricing in both the private sector and with the ATO. Prior to establishing Damian Preshaw Consulting Pty Ltd in October 2015, Damian was a director in KPMG's Transfer Pricing Services Group in Melbourne. In this capacity, Damian advised a wide variety of multinational clients on transfer pricing and profit attribution issues with a special focus on dispute resolution, financial services and business restructuring. Prior to joining KPMG, Damian was an international tax counsel in the ATO's Transfer Pricing Practice in Canberra and was an Australian delegate to the OECD's Working Party No.6 (Taxation of Multinational Enterprises) from 1994 to 2003. Damian represents The Tax Institute on the ATO's Division 815 Working Group.
- Current at
23 March 2016