Shahzeb Panhwar

Shahzeb Panhwar

Australian Taxation Office

Shahzeb is an Assistant Commissioner in the Public Groups and International area of the ATO and heads up the International Tax Structuring practice. In this role Shaz has responsibility for related party financing, thin capitalisation and thin capitalisation. Previously, Shaz’s roles have included overseeing PGI’s disputes strategy, the ATO’s international engagement programs and management of the Docklands audit teams.

All Sessions by Shahzeb Panhwar

9:30 am - 10:30 am

Session 27.2: Arm's-length debt amount

Corporate Stream

With the ATO’s increasing scrutiny on debt deductions and the interaction with the thin capitalisation provisions, this session will examine the arm’s length debt amount (ALDA), including:

  • What is the ALDA, and how is it used?
  • What are the practical issues and common pitfalls in applying the ALDA?
  • What is the ATO’s compliance approach to the arm’s length debt test outlined in PCG 2020/7?
  • What is the interaction with the transfer pricing regime? and
  • Practical advice on managing the ATO’s risk assessment framework.