Busting Services Transactions Myths 11 July 2018, Wednesday 9am – 12pm
Blog • Busting Services Transactions Myths 11 July 2018, Wednesday 9am – 12pm
Blog • Busting Services Transactions Myths 11 July 2018, Wednesday 9am – 12pm
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Are your controlled transactions in line with the transfer pricing legislation? Mistakes in pricing will roll over from year to year. It is crucial to identify mispricing as soon as possible to better manager the transfer pricing risk.
A US multinational company with subsidiaries around the world, including Singapore, recently prepared new US transfer pricing documentation.
The company applies their transfer pricing policies on a global basis. The US tax director instructs the Singapore tax director to use this
documentation. Is the US documentation acceptable in Singapore?
Transfer Pricing is one of the key tax requirements to consider when expanding your business outside Singapore. Operations in more than one country (at least two countries) is sufficient for a business to be caught up under the transfer pricing regulations.
