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  • Item 3b

    Attention

    Warning:

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

    End of attention

    This item asks whether you have made any provision of services, transfer of assets (both tangible and intangible) or any similar dealings with any related international party, for which you received no consideration.

    Example 6

    An Australian parent company manufactures trading stock that it sells to a foreign subsidiary for resale. The Australian parent develops a new product, which requires considerable training of the foreign subsidiary's staff in order to on-sell the new product.

    The Australian parent provides this training, but does not charge the subsidiary. The Australian company should print Y for yes at C.

    Similarly, the answer yes at C would also be required where an Australian company owned a trademark that it allowed an international related party to use without payment.

    Last modified: 28 Sep 2012QC 24214