Income Tax Assessment Act 1997
This Subdivision applies if an entity would otherwise get a tax advantage in Australia from cross-border conditions that are inconsistent with the internationally accepted arm ' s length principle.
The entity is treated for income tax and withholding tax purposes as if arm ' s length conditions had operated.
|TABLE OF SECTIONS|
|815-110||Operation of Subdivision|
|815-115||Substitution of arm ' s length conditions|
|815-120||When an entity gets a transfer pricing benefit|
|815-125||Meaning of arm ' s length conditions|
|815-130||Relevance of actual commercial or financial relations|
|815-140||Modification for thin capitalisation|
|815-150||Amendment of assessments|