Transfer pricing rules



This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

The Act contains measures to counter arrangements designed to move profits from one entity to another. These arrangements are commonly called transfer pricing or profit shifting. Broadly, the transfer pricing rules allow the Tax Office to increase a taxpayer's assessable income or decrease allowable deductions to negate the effect of the arrangement - see Division 13 of Part III.

Last modified: 05 Dec 2006QC 17522