Interest-free loans – ATO finalises long-awaited Guidance

Article

Interest-free loans – ATO finalises long-awaited Guidance – 10 December 2020

Tax insights

On 10 December 2020, the ATO issued in final its long-awaited transfer pricing guidance on interest-free loans between related parties, in “Schedule 3 – Interest-free loans” (Schedule) to the ATO’s financing Practical Compliance Guideline (PCG 2017/4). The Schedule has effect from 1 January 2020 and applies to existing and newly created related party interest free loans.

Interest-free loans – ATO finalises long-awaited Guidance
Did you find this useful?