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Australia Applying 2022 OECD Transfer Pricing Guidelines Retrospectively

|Proposed Changes|Australia
Australia

The Australian Treasury recently concluded a brief consultation on Miscellaneous Amendments to Treasury Portfolio Laws 2024, which includes amendments that seek to ensure that the law operates as intended by:

  • Correcting technical or drafting defects;
  • Removing anomalies; and
  • Addressing unintended outcomes.

One of the key amendments concerns the reference to the OECD Transfer Pricing Guidelin…

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