Review of Australia’s transfer pricing rules: PwC

Tax Insights ()

On 1 November 2011 the Australian Assistant Treasurer announced that the Government will reform the transfer pricing rules to bring them into line with international best practice, thus improving the integrity and efficiency of the tax system.

The announcement was supported by the release of a detailed Consultation Paper which outlines the broad principles upon which any change may be based. The consultation process will end on 30 November with submissions due at that time.