Australia Updates Simplified Transfer Pricing Record Keeping Options for Loans
The Australian Taxation Office (ATO) has published an updated version of Practical Compliance Guidelines (PCG) 2017/2 Simplified transfer pricing record-keeping options. The update includes the 2020 income year interest rates for the inbound and outbound loan simplified transfer pricing record-keeping options, which includes that the interest rate is no more than 2.33% in the 2020 income year …
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