07 February 2018

Australian Taxation Office releases draft practical compliance guide on Diverted Profits Tax

The Australian Taxation Office (ATO) publicly released a draft practical compliance guide (PCG 2018/D2 or the Guide) on February 7, relating to aspects of Australia's Diverted Profits Tax (DPT), for comments by March 9. Taxpayer input is welcomed on the issues in assembling defense files and documentation for DPT purposes.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Full text of Tax Alert 2018-0273

Document ID: 2018-0273