New TP Reporting Requirements for Related Party Transactions

Events • New TP Reporting Requirements for Related Party Transactions

New TP Reporting Requirements for Related Party Transactions. Are You Prepared?
12 March 2021

Programme Objective

The IRAS has introduced a new form for reporting related party transactions for companies from Year of Assessment 2018. What does this mean for your company?

This seminar is designed to share practical knowledge about how to complete the new form for reporting related party transactions and strategies to minimise risks with the disclosures. You will learn:

How to complete the form
How is the IRAS going to use the information
Tips on accurate disclosure of information
How to avoid unnecessary mistakes that can lead to transfer pricing reviews/audits
Responsibility of the authorised person who signs the form

Programme Outline

Overview of the new related party transaction form

What is it and why should companies care?
How to complete the form
Red flag questions and how to minimise TP risks

Strategies to minimise TP risks

How is the IRAS going to use the information
Tips to avoid unnecessary mistakes and TP reviews/audits
Role of TP documentation
Responsibility of authorised person who signs the form

Training Methodology

Lecture style, with Case Studies and examples. Participants can actively contribute and submit questions before the seminar.

Programme Details

The Institute of Singapore Chartered Accountants is consistently working on the issue and has teamed up with Adriana Calderon, Director of Transfer Pricing Solutions Asia. Together, we initiated a discussion on how you can manage your transfer pricing exposure.

DATE	Friday 12 March 2021
TIME	9:00am - 12.30pm (Singapore time)
VENUE	60 Cecil Street ISCA House Singapore 049709 Click here to register >>
FEE	$199.02 (Association Member) $237.54 (Non-Member)
CLOSING DATE	Friday 05 March 2021 (unless fully booked prior)

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. Special discount applies to members of ISCA.

Programme Facilitator

Adriana Calderon has extensive international experience with Big Four and mid-tier firms advising multinational companies in the areas of corporate and international taxation across South America, the US, Australia and the Asia Pacific Region.

As a TP practitioner, Adriana has advised companies in the Asia Pacific Region across various industries and in a wide range of projects associated with planning, compliance and dispute resolutions with tax authorities. She has also participated in specialised projects involving pricing of financial transactions, business restructures and negotiation of APAs. Most recently, she has participated in TP planning projects to implement BEPS’s Action Plan and country-by-country reporting.

*Asia Tax Awards 2017 by International Tax Review

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