Specified domestic transaction threshold increased, narrowing which domestic dealings trigger transfer pricing compliance. Amendment increases the aggregate threshold for treating transactions as a specified domestic transaction for transfer pricing purposes, raising the monetary cutoff so that only larger aggregates of specified domestic dealings are captured. The change is prospective and applies from the commencement of the stated tax year, altering which domestic transactions are subject to transfer pricing documentation and adjustment considerations in subsequent assessment years.
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Provisions expressly mentioned in the judgment/order text.
Specified domestic transaction threshold increased, narrowing which domestic dealings trigger transfer pricing compliance.
Amendment increases the aggregate threshold for treating transactions as a specified domestic transaction for transfer pricing purposes, raising the monetary cutoff so that only larger aggregates of specified domestic dealings are captured. The change is prospective and applies from the commencement of the stated tax year, altering which domestic transactions are subject to transfer pricing documentation and adjustment considerations in subsequent assessment years.
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