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Transfer pricing obligations

Responding to the global focus on tax avoidance

Manage transfer pricing risk
in an ever-shifting global environment

The rapid globalisation of business operations, cross border trade and investment activities are attracting growing scrutiny and information sharing between revenue authorities world-wide.

This increased focus and international efforts led by the Organisation for Economic Co-operation and Development (OECD) and G20 means companies must 'get transfer pricing right' or face potentially costly consequences.

Australian regulations are broadly consistent with the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting (BEPS) plan. We join over 135 countries in collaborating to put an end to tax avoidance strategies that exploit gaps and mismatches in tax rules to avoid paying tax.

BEPS has put in place a significant increase in transfer pricing documentation requirements and country-by-country reporting. As a result, revenue authorities are becoming even more aggressive in penalising non-compliant transfer pricing arrangements.

This puts more pressure on Australian businesses to operate within an ever-changing compliance environment. PKF’s transfer pricing specialists provide leading solutions to ensure you stay ahead of the game.

PKF’s transfer pricing experience
ensuring your compliance, no matter where you do business

Drawing on our sophisticated regulatory knowledge, our team of technical and industry specialists will help you to build, manage, document, review and defend your transfer pricing policies and processes. 

We take the time to get to know you and your business to ensure that your transfer pricing policy is in line with your overall tax planning strategies. Our commitment is to empower you to achieve your business ambitions. 

Our services include: 

Development and execution of a strategic transfer pricing approach
Independent transfer pricing reviews
Preparation of transfer pricing documentation and reporting
Responses to transfer pricing questions from revenue authorities
Interim reviews and risk assessments
Representation and dispute resolution
Advance pricing agreements
Assistance locally and globally