Transfer Pricing Compliance Made Simple with JAKS
In today’s global economy, businesses involved in cross-border transactions are under greater scrutiny regarding how they price dealings between related entities. Australia’s transfer pricing rules ensure these transactions are carried out at arm’s length, helping to protect tax revenue and promote transparency.
At JAKS, we provide comprehensive transfer pricing services to help your business meet compliance requirements while optimising your tax strategy. Whether you’re handling audits, documentation, or strategic planning, our experts offer tailored solutions that minimise risk and ensure smooth compliance.
What is Transfer Pricing?
Transfer pricing is how related companies within the same group set prices when they buy or sell goods, services, or other assets from each other. In Australia, the ATO (Australian Taxation Office) requires these prices to be set as if the companies were dealing at arm’s length — just like they would with an unrelated business. Businesses must keep proper records to show that the pricing is fair and matches market value.
Talk to Us About Transfer Pricing
Need help with transfer pricing? We’ll ensure you’re ticking all the boxes and getting the best outcome for your business. Contact our team for a free chat.
Why Transfer Pricing Matters?
Stay Compliant
Make sure your business follows Australian tax rules and avoids any fines.
Lower Your Risk
Keep proper records to help avoid audits and provide clear documentations in case of tax reviews.
Manage Your Tax Costs
Plan smartly so you don’t pay more tax than you need to, here or overseas.
Protect Your Reputation
Being upfront and doing things by the book builds trust with the tax office and your business partners.
List of Services We Offer
We work with you to create a solid transfer pricing policy that fits your business and follows Australia tax rules.
We check for issues with your transfer pricing and help resolve them before they become more significant.
We help you prepare all the paperwork you need to stay compliant, including:
- Master File – A big-picture summary of your global group, structure, business activities, and pricing approach.
- Local File – A detailed report on your Australian operations and any deals with related companies.
- Country-by-Country Report (CbCR) – For large multinational groups, showing how income and taxes are spread across countries.
We run detailed checks to make sure your pricing matches what you’d expect in the open market by looking at:
- Industry standards
- Financial comparisons
- Market trend
We support you during tax audits, helping you prepare the right information and backing up your transfer pricing if questions arise.
We teach your team how transfer pricing works and help you as the rules change so you’re always up to date.
Let’s Build Your Extended Team!
Contact us today to learn more about how our outsourcing solutions can help streamline your taxation and transfer pricing needs.
Why Choose JAKS for Transfer Pricing in Australia
How to Stay on Top of Transfer Pricing Rules in Australia
Who Should Consider Transfer Pricing Services?
Frequently Asked Questions
This means related businesses must trade with each other as if they were completely independent, using fair market prices just like unrelated parties would.
Yes. If your business meets certain conditions under the Australian Tax Office (ATO) and OECD guidelines, you must follow transfer pricing rules and keep proper records.
Not complying can result in penalties, a closer review by the ATO, and damage to your business’s reputation.