Australien ser én mia. USD ekstra på nyt internationalt TP-regime

Guardian om det nye internationale regime for transfer pricing, som gælder fra næste år: Australien er det tredje land, som indfører de nye harmoniserede regler: “Australia is to become the third country in the world to enter into new transfer pricing documentation standards to crack down on multinational tax avoidance. The budget measure allows the Australian Taxation Office to receive information on companies with global revenue of $1bn or more which operate in Australia. It follows the announcement on Monday by Joe Hockey of laws aimed at multinationals’ tax avoidance. The budget papers said the laws would target multinationals that “artificially avoid having a taxable presence in Australia”. In this year’s budget, Australia committed to sign up to the Organisation for Economic Cooperation and Development’s new transfer pricing documentation standards, which will come into force on 1 January 2016. So far, only the UK and Spain have signed up to the new standard, which is forecast to cost Australia $11.3m over the next four years. Hockey confirmed the multinatio- nal anti-avoidance law announced on Monday that would “stop multinationals using complex schemes to escape paying tax”. “Under this new law, when we catch companies cheating, they will have to pay back double what they owe, plus interest,” Hockey told parliament.”