Australia: Related-party financing arrangements | KPMG | GLOBAL

Australia: Related-party financing arrangements, analysis

Australia: Related-party financing arrangements

The KPMG member firm in Australia has provided analysis on the recent decision by the Full Federal Court in favour of the Commission of Taxation.

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The decision in Chevron Australia Holdings Pty Ltd (CAHPL) v. Commissioner of Taxation [2017] FCAFC 62 (21 April 2017), has implications not only for taxpayers with cross-border related-party financial dealings but also for taxpayers with any other cross-border related-party dealings. 

The KPMG analysis [PDF 333 KB] provides insights into the approach that both courts and the Commissioner of Taxation are likely to take when examining transfer pricing issues going forward.

 

For more information, contact a tax professional in Australia with KPMG’s Global Transfer Pricing Services group:

Angela Wood | +61 3 9288 6408 | angelawood@kpmg.com.au

Frank Putrino | +61 3 9838 4269 | fputrino@kpmg.com.au

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