Hybrid Mismatch Rules in Australia
Learning Centre • Videos & Webinars • Hybrid Mismatch Rules in Australia
Learning Centre • Videos & Webinars • Hybrid Mismatch Rules in Australia
If you're an Australian company currently claiming tax deductions for cross-border payments then you MUST consider the imported mismatch
rule.
The hybrid mismatch rules, introduced in 2018, are some of the most complex rules for taxpayers to apply. Very broadly, they typically apply
where there is a cross-border payment which gives rise to a deduction/non-inclusion or double deduction outcome due to the tax system of two
countries treating an arrangement or entity differently.
Sounds like you? Lets talk TP and Hybrid Mismatch for Australia.
In this webinar we cover:
Australia has stepped up on the reviewing of TP methods and documentation. As such, careful deliberation must be exercised when selecting the most suitable TP method..
If you're an Australian company currently claiming tax deductions for cross-border payments then you MUST consider the imported mismatch
rule.
If your business is engaged in international dealings with related parties, and has more than $2 million of related-party dealings, you are required to complete an international dealings schedule (IDS) and lodge it with your income tax return for that year.
