Transfer pricing and MAP
Published Date: 14 Mar 2024
Transfer pricing management, compliance and governance remain key issues for taxpayers in the Australian financial services sector. This session covers number of key themes that impact international related party dealings and transfer pricing policies for the sector, such as:
- Higher interest rates and increase in the cost of capital, and the subsequent impact on intra-group funding, internal reinsurance arrangements and other forms of risk transfer agreements
- The focus on outsourced services by tax and financial regulators
- Investment in technology and emerging issues related to the treatment of intangibles
- Governance and transparency, including developments in the area of CbC reporting.
Throughout the session, we discussed Identify and discuss the latest judicial and legislative developments, and highlight ATO areas of focus for Australian financial services entities. We will also outline the processes and potential outcomes of Mutual Agreement Procedures (MAPs), given the increased attention on transfer pricing and branch profit attribution, and consequently the risk of double taxation.
Individual Session
Details
- Published By: Priscilla Ratilal, Bill Yohana
- Published On:14 Mar 2024
- Took place at:Crown Sydney
The material is copyright. Apart any fair dealing for the purpose of private study, research criticism or review, as permitted under the copyright Act, no part may be reproduced by any process without written permission from The Tax Institute.
Unless expressly stated, opinions are not that of The Tax Institute, which accepts no responsibility for the accuracy of any of the information contained within it.
The Tax Institute
(ABN 45 008 392 372 (PRV14016))
("TTI")
The Tax Institute is a Recognised Tax Agent Association (RTAA) under the Tax Agent Services Regulations 2009.
Copyright Statement
All materials provided on this site are protected by copyright and are owned by or licensed to TTI.
Except as expressly permitted by TTI or the copyright owner, any person or company who uses this site must not use, reproduce, redistribute, retransmit, publish or otherwise transfer, or commercially exploit, the materials or any information, software or other content, in whole or in part, which is available through this site.
Tags
Share this page