Tax Laws Amendment (Countering Tax Avoidance and Multinational Profit Shifting) Act 2013 (101 of 2013)
Schedule 2 Modernisation of transfer pricing rules
Part 2 Other amendments
Income Tax Assessment Act 1997
23 Section 12-5 (table item headed "transfer pricing")
Repeal the item, substitute:
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transfer pricing |
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arm's length principle for cross-border conditions between entities |
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arm's length principle for permanent establishments |
Subdivision 815-C |