See the Unseen in Intercompany Loans, 31 May 2019
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Home • Events • See the Unseen in Intercompany Loans, 31 May 2019
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Programme Synopsis
A subsidiary borrows from a third party at 1% to 2% and on-lends to its head office at a significantly higher interest rate. This arrangement resulted in its head office claiming a large interest deduction and the subsidiary earning a profit of over $1 billion which was not taxed in any country. Sounds familiar? This was the much talked about Chevron case in Australia which the courts ruled in favour of the Australian Taxation office and resulted in approximately AU$340 million of disallowed deductions.
In this session, Ms Adriana Calderon, Director at Transfer Pricing Solutions Asia, aims to highlight the TP complexities and risks surrounding the intricate nature of intercompany loans and guarantee fees. The session offers participants the opportunity to go beyond fundamentals and grasp what it takes to structure these financial transactions to comply with the Arm’s Length Principle. Adriana will also dive into some of the nuances often missed, but that companies must take note of.
Programme Outline
Be aware of the key considerations in establishing intercompany loans and guarantee fees that will hold fort amid scrutiny by tax authorities
Join this workshop organised in collaboration with Singapore Institute of Accredited Tax Professionals (SIATP). The session will focus on practical ‘hands-on’ case studies and practical insights on how to do it right.
Register now for this unique workshop. Registration is open until 25 May 2019; special discount applies to members of SiATP, ISCA, SICC SMF and TPS clients. Please open the following link for more information about the event:https://siatp.org.sg/images/PDF/RegForm_310519_IntercoLoans.pdf
For further enquiries about the event, please visit https://www.siatp.org.sg/events.html
Or contact Elaine Sow at 6597 5718 or email to enquiry@siatp.org.sg
As global tax reform reshapes the way multinationals manage cross-border transactions, Operational Transfer Pricing (OTP) is rapidly becoming a business-critical priority, especially in the Asia-Pacific (APAC) region.
As global trade becomes more complex, companies are re-examining their supply chains - and transfer pricing is at the heart of that conversation.
The OECD has published updated transfer pricing country profiles reflecting the current transfer pricing legislations and practices of 11 jurisdictions and issued for the first time the profiles of Azerbaijan and Pakistan. These latest country profiles present country-specific information on the transfer pricing treatment of hard-to-value intangibles and the simplified and streamlined approach for baseline marketing and distribution activities.
