Specified domestic transaction: extending transfer pricing to high-value related-party domestic dealings, subject to arm's length compliance. Clause 164 defines specified domestic transaction by enumerating categories of non-international related-party dealings brought under transfer pricing ... Summary
Specified domestic transaction: extending transfer pricing to high-value related-party domestic dealings, subject to arm's length compliance.
Clause 164 defines specified domestic transaction by enumerating categories of non-international related-party dealings brought under transfer pricing when aggregate annual value exceeds a high-value threshold, includes a residual prescription power to notify additional transactions, and requires contemporaneous documentation and benchmarking to ensure compliance with the arm's length principle.
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