The Australian Taxation Office (ATO) has issued a list of question and answers (Q&As) regarding country-by-country (CbC) reporting and transfer pricing documentation.
The Q&As are provided on the ATO website, and are issued in response to practical questions taxpayers have as they work through their CbC reporting obligations. The list of Q&As is expected to be updated and enhanced on an ongoing basis. The next update is expected in January 2017.
For more information, contact a tax professional with KPMG’s Global Transfer Pricing Services practice in Australia:
Jane Rolfe | +61 3 9288 6341 | firstname.lastname@example.org
Aaron Yeo | +61 3 9288 6024 | email@example.com
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