In our course, we offer a more detailed description of these requirements. We stress once again that the content of the intercompany treaty should be consistent with the three above-mentioned principles. The following checklist can be used to verify an intercompany agreement, whether it is a new agreement that will be introduced or an existing agreement that may require updating. Misunderstanding #2: price clauses in ASIC must remain vagueThe approach has often been found in intercompany agreements, but it is now recognized as ineffective. The outdated thinking was that blurring or disclosing pricing clauses would give companies greater flexibility in filing tax returns. .