Chevron Australia loses Full Federal Court appeal

Angela Wood and Frank Putrino discuss the decision in Chevron Australia Holdings Pty Ltd (CAHPL) v Commissioner of Taxation [2017] FCAFC 62.

The Full Federal Court has given the Commissioner of Taxation another significant win in its ongoing battle with Chevron Australia in relation to the transfer prices it used on certain cross-border related party loans with all three judges finding for the Commissioner. The decision in Chevron Australia Holdings Pty Ltd (CAHPL) v Commissioner of Taxation [2017] FCAFC 62, delivered on Friday 21 April 2017, has implications not only for taxpayers with cross-border related party financial deali...

Sign in below or register now to read the full article

Authors: Angela Wood, Frank Putrino

Published Date: 24 April 2017