Arm's length pricing extended to specified domestic transactions, requiring domestic allocations and allowances to follow transfer pricing principles. Amendment extends transfer pricing to specified domestic transactions: allowances for expenditure, interest, cost allocations or income in relation to ... Summary
Arm's length pricing extended to specified domestic transactions, requiring domestic allocations and allowances to follow transfer pricing principles.
Amendment extends transfer pricing to specified domestic transactions: allowances for expenditure, interest, cost allocations or income in relation to specified domestic transactions must be computed having regard to the arm's length price, and subsection (3) cross references are amended so that provisions referring to international transactions and subsection (1) also apply to subsection (2A).
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