ATO guidelines will force companies to ’rethink tax strategies’

The Australian Taxation Office (ATO) has its sights on more than a dozen multinational companies that are in the "red zone" when it comes to tax deductions claimed for their cross-border "related party loans".

by | 17 May, 2017

ATO guidelines will force companies to ’rethink tax strategies’

On Tuesday, the Tax Office released draft guidelines to help companies assess whether their loan arrangements with related parties (such as a subsidiary based in a foreign country) carry a “high” or “low” risk of being audited, or even litigated in court.

Read the full article on ABC Online.

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