We are thrilled to announce that we won the Fast-Growing Firm of the Year award at the Australian Accounting Awards 2020!
The Australian Accounting Awards is regarded as the most prestigious, recognising excellence across the entire accounting industry. The
awards pinpoint professional development and innovation, showcasing both the individuals and firms that are leading the way in the
industry.
This year due to social restrictions, Accountants Daily showcased the Australian Accounting Awards as a live broadcast virtual experience.
They did a brilliant job in creating a sense of excitement and celebration. To witness fellow award winners and also to be a winner of an
award is a brilliant feeling.
Our success would not have been possible without the support of our clients and team members. We promise to keep growing while staying true
to our work and professionalism.
Winning does not always mean being first. Winning means you are doing better than you have done
before!
We would also like to take this opportunity to congratulate all the other winners and finalists. Take
a look here
for the full list of award participants.
Transfer Pricing Solutions assists clients in the planning and preparation of transfer pricing documentation, country by
country (CbC) reporting, comprehensive transfer pricing policy, performing global and local benchmarking comparable searches, providing
training designed for CFOs and tax teams and performing transfer pricing controversy and audits. We cater to multinational enterprises
(MNEs), small & medium size enterprises (SMEs) and accounting and law firms in Asia Pacific and globally.
ATO issues COVID-19 guidance on AU Transfer Pricing
Thec Covid-19 pandemic has triggered the most severe recession and is causing enormous damage to the world economy. The economic downturn
will impact a group’s transfer prices, analysis and documentation, more so with the BEPS Action Plans in place and the high level of
transfer pricing scrutiny across the globe.
JobKeeper Impact on Transfer Pricing for Companies
JobKeeper forms part of taxable income in the tax return. Makes sense, it is a subsidy against wages, so I am sure there are no surprises
there, but how do you assess the arm’s length financial outcomes of the entity for transfer pricing purposes?
JobKeeper Payments - Impact on Your Clients' Transfer Pricing
The ATO expect that Australian entities will retain the benefit of the JobKeeper payment they receive. So how do you treat the
JobKeeper payments for transfer pricing purposes?
