EYEY

Australian Tax Office releases draft guideline on determining 'debt quantum' in context of thin-capitalization rules

|Tax Alerts, National/Federal Taxation, T ...|Australia
Australia

  • A draft Practical Compliance Guideline (draft PCG) outlines the Australian Taxation Office's (ATO's) compliance approach to transfer pricing analyses undertaken to evidence that the quantum of debt borrowings in Australia are arm's-length, as required under Australia's thin-capitalization rules.
  • The draft PCG is narrow in scope relative to transfer pricing analyses generally likely to be required i…

Continue Reading