The Australian Taxation Office (ATO) has announced the publication of the final Practical Compliance Guideline (PCG) 2018/5 on Diverted Profits Tax, as well as the related Law Companion Ruling (LCR) 2018/6. The Diverted Profits Tax (DPT) applies for income years beginning on or after 1 July 2017 at a rate of 40% on profits that have been artificially diverted from Australia by significant gl…