Does your foreign parent company documentation provide AU compliance?
Learning Centre • Videos & Webinars • Does your foreign parent company documentation provide AU compliance?
Learning Centre • Videos & Webinars • Does your foreign parent company documentation provide AU compliance?
A US multinational company with subsidiaries around the world, including Australia, recently prepared new US transfer pricing documentation.
The company applies their transfer pricing policies on a global basis. The US tax director instructs the Australian tax director to use this documentation to support the prices charged by the US Company to the Australian subsidiary.
Is the US documentation acceptable in Australia?
The ATO has tightened CbC reporting rules for MNEs, effective January 1, 2025, significantly increasing compliance costs and obligations. Key changes include the elimination of most self-assessed exemptions, requiring formal requests with detailed evidence, and reduced administrative relief for local file reporting.
Global Minimum Tax (GMT) is one of the largest tax reformations as part of the initiative under Pillar 2 of the Base Erosion Profit-Shifting (BEPS) 2.0 project.
This article will provide an overview of what global minimum tax is, why it's important, and how it impacts multinational corporations and the global economy.
This article will explore the history of global minimum tax policies, from their origins to the latest developments, including the recent OECD/G20 agreement.
This article will discuss how technology can help multinational corporations streamline their global minimum tax compliance.
This article will discuss how global minimum tax policies affect multinational corporations, including changes to their tax planning strategies and compliance requirements.
This article will provide practical advice for multinational corporations on how to navigate the complexities of global minimum tax compliance.
This article will provide an overview of the legal and regulatory considerations that multinational corporations need to be aware of when dealing with global minimum tax.
This article will speculate on the future of international taxation in light of global minimum tax policies, including potential trends and challenges that may arise.
This article will examine the challenges and opportunities that global minimum tax policies present for developing countries, including their potential impact on tax revenue and economic development.
On 19 February 2024, OECD published the final report on Pillar One -Amount B, is designed to simplify and streamline the application of the arm’s length principle.
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