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Australian Standard Transfer Form Leveraged

Australian Standard Transfer Form Leveraged

Use a Australian Standard Transfer Form Leveraged template to make your document workflow more streamlined.

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the high court has now refused to grant special leave in the glencore transfer pricing case so this decision is going to stand for many years as a landmark case in australia what the case is about is australia's old transfer pricing rules they've since been replaced by new rules but that is new rules are based on the same principles the arm's length principle and that's the idea that companies who pay tax as if they earned the profits that they would have earned dealing with their related parties if they had dealt with those related parties at arm's length to give some background on what the facts of the case were the really critical facts were that an australian glencore subsidiary was operating a copper mine and was selling all of its production under a long-term off-take agreement with a related swiss party that agreement contained a particular pricing mechanism that was seen in some arms length contracts and permit was then amended in 2007 and that amendment was made to reduce the

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