Income Tax Assessment Act 1997

CHAPTER 4 - INTERNATIONAL ASPECTS OF INCOME TAX  

PART 4-5 - GENERAL  

Division 815 - Cross-border transfer pricing  

Subdivision 815-B - Arm ' s length principle for cross-border conditions between entities  

Operative provisions

SECTION 815-135   Guidance  

815-135(1)  
For the purpose of determining the effect this Subdivision has in relation to an entity, identify *arm ' s length conditions so as best to achieve consistency with the documents covered by this section.

815-135(2)  
The documents covered by this section are as follows:


(a) the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations, as approved by the Council of the Organisation for Economic Cooperation and Development and last amended on 19 May 2017;


(aa) (Repealed by No 64 of 2020)


(b) a document, or part of a document, prescribed by the regulations for the purposes of this paragraph.

815-135(3)  


However, the document mentioned in paragraph (2)(a) is not covered by this section if the regulations so prescribe.

815-135(4)  
Regulations made for the purposes of paragraph (2)(b) or subsection (3) may prescribe different documents or parts of documents for different circumstances.


 

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