Australia - BEPS and the Diverted Profits Tax
- A. Joseph
- International Transfer Pricing Journal, 2017 (Volume 24), No 1
- 16 January 2017
The author examines the Australian position towards multinational enterprises which assert that they do not have a permanent establishment in Australia and therefore are not subject to tax in Australia on their income derived by supplying goods and services to customers in Australia. The newly proposed diverted profits tax and its potential application are also considered.