In victory for Glencore, High Court won’t weigh in on landmark transfer pricing ruling

Tax 2021-05-26 11:03 am By Cat Fredenburgh | Melbourne

The High Court has denied the ATO’s request that it weigh in on Australia’s transfer pricing regime, leaving in place a Full Court victory for mining giant Glencore that left it paying $2 million of a $92 million bill relating to the sale of copper from a mine in Cobar, NSW.