shopping_cart

Your shopping cart is empty

Transfer pricing presentation

Published on 23 Oct 13 by NEW SOUTH WALES DIVISION, THE TAX INSTITUTE

The recently enacted Cross Border Transfer Pricing legislation imposes a higher obligation on Public Officers of companies to maintain appropriate TP documentation on a contemporaneous basis to defer and defend ATO investigation. Cross border financing, business restructures and profit based assessments where a business has consistently low profits or losses are likely ATO targets.

This practical presentation provides guidance on how to develop a framework to adapt to this new TP environment including:

  • ensuring your company’s TP documentation meets the ATO requirements of a reasonably arguable position to avoid automatic penalties should an audit adjustment arise
  • impact on IDS disclosure and your company’s risk profile
  • limitation on period for ATO to amend
  • personal liability of public officers for penalties arising from a false or misleading statements related to TP.

Author profile:

John ROSS
Current at 21 November 2013 Click here to expand/collapse more articles by John ROSS.
 

 

This was presented at Corporate Tax Masterclass .

Get a 20% discount when you buy all the items from this event.

Individual sessions









Further details about this event:

 

Copyright Statement
click to expand/collapse