shopping_cart

Your shopping cart is empty

Offshoring or exporting - The ATO's approach to your cross-border transactions with related parties paper

Member Price: $57.00
Non Member Price: $75.00

DisclaimerThis material is copyright. Apart from any fair dealing for the purposes of private study, research, criticism or review, as permitted under the Copyright Act, no part may be reproduced 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.

Published on 02 May 13 by SOUTH AUSTRALIAN DIVISION, THE TAX INSTITUTE

Increasingly, Australian businesses are setting up operations offshore to reduce costs, especially in the Asian region. As businesses start to deal with related overseas parties, they are becoming subject to closer ATO attention due to the perceived risks to the Revenue. The ATO’s compliance activities for the SME market are now focusing on cross-border transactions, and in particular transfer pricing is being examined for smaller business. Recent developments mean now is the time for advisers to consider what kind of transactions are likely to attract ATO attention, and help their clients understand the implications and compliance requirements that follow.

This paper covers:

  • the reform of Australia’s transfer pricing laws
  • key focus areas in transfer pricing, eg business restructures, financing, IP and the internet/cloud
  • permanent establishments
  • transfer pricing documentation and tax return disclosures.

Author profile

Frank PUTRINO
Click here to expand/collapse more articles by Frank PUTRINO.

 

This was presented at 46th South Australian Convention .

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

Individual sessions

Is Australia becoming a sovereign tax risk?

Author(s):  David RUSSELL

Materials from this session:

Companies - Back in favour?

Author(s):  Nick WILKINS

Materials from this session:

SME risk differentiation framework

Author(s):  Scott BRYANT,  Michael CRANSTON

Materials from this session:

Offshoring or exporting - The ATO's approach to your cross-border transactions with related parties

Author(s):  Frank PUTRINO

Materials from this session:

Blatant, artificial or contrived...?

Author(s):  Briony RICE

Materials from this session:

GST - Managing risk and opportunity in a changing world

Author(s):  Matthew NICHOLLS

Materials from this session:

Irreconcilable differences

Author(s):  Arlene MACDONALD

Materials from this session:

What happens when it all goes wrong?

Author(s):  Paul HOCKRIDGE

Materials from this session:

SMSF borrowing - What now?

Author(s):  Neil OAKES

Materials from this session:

Part IVA technical discussion

Author(s):  Ben WILSON

Materials from this session:

Further details about this event:

 

Copyright Statement