In recent years, Transfer Pricing has seized a lot of our attention, especially in Asian countries. The tax authorities are catching up on the implementation of BEPS Action Plans, often adding compliance burdens to the business leaders. With two or more jurisdictions involved, the challenge is how we can satisfy all of their requirements.
Transfer Pricing is an area of tax that is gaining more and more attention from tax authorities and business leaders. One of the main challenges with TP is that two or more jurisdictions are involved and it is not an easy task to satisfy all of them. Hence, the importance on practical strategies to manage TP risks in different jurisdictions.
This seminar is designed to share practical knowledge through real life cases studies. You will learn:
The Institute of Singapore Chartered Accountants is consistently working on the issue and has teamed up with Ms Adriana Calderon, Director of Transfer Pricing Solutions Asia. Together, we initiated a discussion on how you can manage your transfer pricing exposure. The class is designed as a platform to share practical knowledge through real life case studies.
Save yourself a seat (or two) for the latest transfer pricing development in leading Asian countries! Know who you’re dealing with, their expectations, and how you can prepare yourself for tax reviews and audits. The registration is open until 31 August 2018. Special discount applies to members of ISCA.Read more about the event and REGISTER NOW https://eservices.isca.org.sg/CourseDetail?coursemasterid=a0g28000002aNYkAAM
The OECD guidance emphasised that, besides interest rates, all terms and conditions of the financing transactions (including the volume of debt) should be tested against the arm’s length principle.
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?