Australia Publishes Eligibility Guidance for Simplified Transfer Pricing Documentation Options
On 22 December 2014, the Australian Taxation Office (ATO) published eligibility guidance on its website for simplified transfer pricing record keeping options. The guidance covers eligibility for small taxpayers, distributors, intra-group services, and low-level loans.
General eligibility requirements for all four entity/transaction types include that the taxpayer:
- Has not derived sustained l…