Australia’s new transfer pricing rules require that officers signing the corporate tax return must sign off for transfer pricing arrangements on a self-assessment basis. The self-assessment process would affirm that the transfer pricing is pursuant to arm’s length consideration that would be transacted between unrelated parties. Details of the new self-assessment regime are referenced at the attached link:
Additional review of transfer pricing documentation may be required for self-assessment consideration. The OECD BEPS proposals may also impact such reporting in the future.
Strategizing Multinational Tax Risks 
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