Paul Sutton talks to Filippo Miotto, Transfer Pricing Director at BDO Australia, about the transfer pricing aspects of intangibles, particularly in the light of the ATO’s recently updated draft Practical Compliance Guidelines. Paul and Filippo discuss a range of issues around the draft Practical Compliance Guidelines (PCG) issued by the Australian Taxation Office, including: Why intangibles tend to attract attention from tax authoritiesThe context for the new PCG, and the ATO’s approachThe structure, content and aims of the PCGThe self-assessment reporting process, and the situations in which this is mandatoryExamples of the types of arrangements that are likely to attract more scrutinyWhat sorts of evidence taxpayers may need in order to support their TP arrangementsHow other tax authorities’ requirements may develop in the near futureAustralia’s new Multinational Tax Integrity regimeKey takeaways for groups and their advisers. Hosted on Acast. See acast.com/privacy for more information.