OrbitaxAustralia Local File Guidance on Provision of International Related Party Agreements in Local File
|Approved Changes|Australia
On 3 March 2017, the Australian Taxation Office published guidance on providing International Related Party (IRP) agreements as part of the new Local file requirements. Under Australia's requirements, the Local file consists of two parts: Part A, which includes details of the related party transactions; and Part B, which includes the transfer pricing methods used, copies of agreements, and copi…
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