The KPMG member firm in Australia has provided analysis on the recent decision by the Full Federal Court in favour of the Commission of Taxation.
The decision in Chevron Australia Holdings Pty Ltd (CAHPL) v. Commissioner of Taxation  FCAFC 62 (21 April 2017), has implications not only for taxpayers with cross-border related-party financial dealings but also for taxpayers with any other cross-border related-party dealings.
The KPMG analysis [PDF 333 KB] provides insights into the approach that both courts and the Commissioner of Taxation are likely to take when examining transfer pricing issues going forward.
For more information, contact a tax professional in Australia with KPMG’s Global Transfer Pricing Services group:
Angela Wood | +61 3 9288 6408 | firstname.lastname@example.org
Frank Putrino | +61 3 9838 4269 | email@example.com
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