The Australian Taxation Office (ATO) has issued Taxpayer Alert (TA) 2020/1 concerning non-arm's length arrangements and schemes connected with the development, enhancement, maintenance, protection and exploitation of intangible assets.
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Description
We are currently reviewing international arrangements that mischaracterise Australian activities connected with the development, enhancement, maintenance, protection and exploitation (DEMPE) of intangible assets. We are concerned that thes…