Australia’s current transfer pricing legislation was introduced with effect in May 1981. Since this time, the Australian Taxation Office (ATO) has issued a series of major rulings and publications providing guidance in applying the legislation. The Australian Government commenced a review of Australia’s transfer pricing legislation in 2011 with changes enacted in 2012.
The TRANSFER PRICING module will continue to be updated to reflect improvements in best practice processes as well as any changes or amendments to legislation and regulations impacting the transfer pricing sector as they occur.