The Australian Taxation Office (ATO) has published an updated version of Practical Compliance Guidelines (PCG) 2017/2 Simplified transfer pricing record-keeping options. PCG 2017/2 has been updated to provide an interest rate of 5.65% for the simplified options for low-level inbound and outbound loans for the 2022-23 income year. This rate serves as the maximum interest rate for low-level inbo…