ATO transfer pricing guidance

The Australian Taxation Office (ATO) recently released draft guidance Practical Compliance Guideline PCG 2018/D8  (PCG 2018/D8) outlining its compliance approach to addressing transfer pricing risk within the pharmaceutical and life science industry. This guidance focuses specifically on inbound distribution arrangements.

On 10 December, MTAA and PwC held a briefing on the Guidelines –the presentation slides can be viewed below.