2008

Transfer Pricing - Schedule 25A

Source: Victoria

Published Date: 1 May 2008

 
As part of their annual tax return Australian companies with related party transactions are required to disclose details surrounding their dealings with international related parties on the Schedule 25A. The Schedule is used by the ATO as a key part of its transfer pricing risk profiling and risk assessment activities.

The "first step' in the ATO's transfer pricing compliance activities comprises a comprehensive desk-based risk profiling exercise relying heavily on data provided by companies as part of their Schedule 25A disclosures. The form of companies' responses to specific questions on the Schedule 25A can influence the ATO's assessment of the relative level of transfer pricing risk at the company level.

This practical session explained how the ATO uses the Schedule 25A in its transfer pricing risk profiling activities, and gave practical tips on how to complete the Schedule.

Transfer pricing: Schedule 25A

Author(s): Peter Faull , Michael Jenkins CTA , Soulla Mcfall
Materials from this session:

Details

  • Published On:1 May 2008
  • Took place at:Kooyong Tennis Club, Melbourne

The material is copyright. Apart any fair dealing for the purpose of private study,

research critisism or review, as permitted under the copyright Act, no part may be rerpoduced by any process without written permission from The Tax Institute.

Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

This material is copyright. Apart from any fair dealing for the purpose of private study., research, critisism or review, as permitted under teh copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.

Unless expressly stated, opininons are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.

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2008

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