Australia: Audit on ATO’s management of transfer pricing for related-party debt
An audit to assess effectiveness of ATO's management of transfer pricing for related-party debt
Audit on ATO’s management of transfer pricing for related-party debt
The Australian National Audit Office (ANAO) is undertaking an audit to assess the effectiveness of the Australian Taxation Office’s (ATO) management of transfer pricing for related-party debt.
According to the ANAO, it proposes to examine whether:
- The ATO has the strategic framework to manage the use of transfer pricing for related-party debt
- The risks relating to transfer pricing for related-party debt are appropriately managed
- The ATO effectively manage transfer pricing for related-party debt
The ANAO is due to table its findings in March 2024 with submissions to the audit closing 29 October 2023.
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