While this three-year extension applies to many transactions with foreign subsidiaries, it does not apply in all relevant circumstances. For a taxpayer`s taxation years beginning after February 26, 2018, the revaluation period is extended by three years for income generated in connection with a foreign subsidiary of the taxpayer. the financial reports of the reporting entity showing the assets, liabilities, equity, income, expenses and cash flows of the reporting entity (excluding assets, liabilities, equity, income, expenses and cash flows of other companies that are not members of the consolidated group or CEM of the reporting entity for Australian tax purposes) for the year of operation, including, where appropriate, more than a series of reports; that meet the following requirements: For the relevant IRP/SAR transaction, the following are displayed: If Australia Co does not choose to provide this record of the terms of the loan in its systems, Australia Co will indicate in Part B that there are no written contractual documents for the loan transaction listed in Part A. These agreements cannot be part of the same SAR. During the year, Foreign Co orders 1,000 tonnes of aluminium in accordance with the relevant terms of the agreement and Australia Co and Foreign Co enter into specific written agreements relating to this sale. Competent government services – The CRA offers a free service called competent authority support for Canada`s tax treaty obligations. It aims to resolve situations in which taxpayers are taxable as a result of an audit adjustment that does not comply with the provisions of the relevant tax treaty, including double taxation situations. It is not necessary to display the amount of FX profits returned or foreign exchange losses deducted for the relevant IRP/RAS transaction in Part A of the local file. .