Planning and documentation
Over the last several years, most of Australia's major trading partners have either implemented or greatly strengthened their laws governing transfer pricing.
As a result of this transfer pricing enforcement activity, transfer pricing documentation is now a multi-jurisdictional issue for most multinationals. While some aspects of documentation are relatively common, each country’s methodology preferences must be addressed in a way that satisfies its revenue authority.
Our global Transfer Pricing teams consist of international tax specialists well-versed in the regulations of all countries involved in a documentation study, and economists experienced in the collection and analysis of comparability data. Our global network of professionals places Deloitte in an excellent position to identify data sources for your industry and for any country in which you operate.
Our Australian experts have been involved in the successful preparation of many global and regional studies that have provided:
- Flexible transfer pricing policies that meet the needs of constantly changing business and industry environments
- A coordinated approach to mitigating transfer pricing risk and exploiting opportunities
Timely and effective solutions to local transfer pricing obligations.