Submission to the Treasury Review of Transfer Pricing Rules

20 December 2011

This submission to the federal Treasury acknowledges that, while the Review of Transfer Pricing Rules consultation paper addresses a number of technical tax issues, it raises substantive matters around potential retrospective application of tax changes.

Retrospective tax law changes are inconsistent with long-standing principles of sound tax design and do little to enhance Australia’s reputation as a destination for foreign investment.

We are concerned by what has clearly become an increasing tendency on the government’s behalf to pursue retrospective tax law changes and the damage this is doing to inhibit Australia’s attractiveness as a destination for new investment and business activity.


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2011 Submissions

2011 Submissions

2011 Submissions