Skip to main content

Budget 2024 | The Government has announced proposed changes to personal income tax, the independent earner tax credit, in-work tax credit, the minimum family tax credit and the interest rate charged for overseas based student loans. They have also provided more information on FamilyBoost. Find out more:

Question Checklist


Do you know the nature and extent of your cross-border associated party transactions?


If material, do you have documentation in support of the transfer prices and is this documentation kept updated?


In compiling this documentation, have you critically evaluated all intercompany agreements?


Does the documentation explain:

  • value adding functions of various parties to arrangements?
  • actual conduct of the parties?
  • how key risks are managed and controlled by the parties?


Has your local management and finance function been fully involved in the documentation process and signed off the factual analysis, as well as the final outcomes?


Have you given due consideration to an advance pricing agreement? If not, why not?

Last updated: 28 Apr 2021
Jump back to the top of the page