On 13 March 2019, the Australian Taxation Office (ATO) published Practical Compliance Guideline (PCG) 2019/1, which outlines the ATO's compliance approach to the transfer pricing outcomes associated with the following activities of inbound distributors:
- Distributing goods purchased from related foreign entities for resale; and
- Distributing digital products or services where the intellectual property in those products or services is owned by related foreign entities.
This includes a framew…